Crypto lender Ledn gets $50M boost with Bitcoin-backed loan from Sygnum

Oluwapelumi Adejumo

Crypto lending platform Ledn said it secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss global crypto banking group, according to an Aug. 20 statement shared with CryptoSlate. This industry-first loan will enhance Ledn’s retail lending operations, providing clients with flexible access to capital. The Bitcoin assets will serve as secure collateral, ensuring […]

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Crypto lender Ledn gets $50M boost with Bitcoin-backed loan from Sygnum