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Home Blockchain

Swiss Crypto Bank Sygnum Tokenizes Portion of $50M BTC‑Backed Loan for Ledn

by DigestWire member
August 28, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Swiss Crypto Bank Sygnum Tokenizes Portion of $50M BTC‑Backed Loan for Ledn
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Sygnum Tokenizes Portion of $50M BTC‑Backed Loan for LednSygnum 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 […]

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