Ledn, Sygnum Refine $50M Bitcoin-Backed Loan
Digital asset lender Ledn has partnered with Swiss crypto bank Sygnum to refinance a $50 million Bitcoin-backed loan, creating new tokenized investment opportunities. The refinancing matches Ledn’s previous loan from 2024 but was twice oversubscribed, reflecting strong institutional demand for Bitcoin-backed credit and inflation-resistant yields. The tokenization of a portion of the loan through Sygnum's Desygnate platform allows for broader distribution to qualified investors. This trend highlights growing investor interest in income products that resist inflation, especially as traditional and decentralized finance yields are flattening. Recent reports indicate that private credit, currently accounting for over half of the tokenized market, grossed $15.6 billion and offers yields between 8% to 12%. The growing market for tokenized private credit represents the fastest segment of asset tokenization and plays a significant role in the evolution of Bitcoin lending and investment products.
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