Sygnum announced it arranged a $50 million BTC‑backed syndicated loan for Ledn, with a portion of the facility tokenized using Sygnum’s end‑to‑end issuance platform, marking a further step toward tokenized private credit for institutional and qualified investors. The transaction, described as 2x oversubscribed, follows Sygnum’s August 2024 issuance of the industry’s first BTC‑backed syndicated loan […]
Source: https://news.bitcoin.com/swiss-crypto-bank-sygnum-tokenizes-portion-of-50m-btc%E2%80%91backed-loan-for-ledn/