Home > Quick > Body

Ledn and Sygnum Finalize $50 million Bitcoin Loan Refinancing

clock
2025-08-27 19:48:29
Ledn, a digital asset lending platform, has teamed up with Swiss crypto bank Sygnum to complete a $50 million bitcoin mortgage refinancing. The financing amount is equivalent to the equivalent loan in 2024, but the subscription volume of the new financing amount is twice the original plan, indicating that investors have increased demand for bitcoin-backed credit products. Some of the loans have been tokenized through Sygnum's Desygnate platform, which can be distributed to qualified investors as on-chain investment products. Industry data shows that the on-chain private credit market has become the largest and fastest growing sector in asset tokenization. It is currently worth about $15.60 billion, accounting for 58% of the tokenized real asset market.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.