🚨 BREAKING: $BTC -Backed ABS Hits the Market
Ledn has completed a $188M Bitcoin-collateralized asset-backed securities (ABS) deal — marking the first-ever BTC-backed ABS issuance in the broader asset-backed debt market.
📌 Key Highlights:
• BTC is now being used as collateral for mainstream structured finance products
• Opens doors for more institutional participation in crypto-backed debt
• Signals growing maturity and acceptance of crypto in traditional finance markets
💡 This deal is a milestone: bridging the gap between digital assets and traditional ABS markets, potentially paving the way for more innovative crypto-financial products.
BTC moves beyond trading — now it’s shaping the debt markets.