Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

Ledn will use the loan to fund the growth of its retail lending operations.

Aug 20, 2024 - 19:00
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Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine. 

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