“The collateral must be held in custody, and that will always be a qualified custodian, whether that is with BitGo, or one of our banking or credit fund partners,” said Ledn co-founder Mauricio Di Bartolomeo in an interview. “This is the first time this type of loan, which is done through a centralized entity that can offer 24 hour disbursements, is being offered outside the U.S. to international customers.”
Source: https://www.coindesk.com/business/2023/12/06/crypto-lending-firm-ledn-offers-low-risk-custodied-loans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines