Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    CoreWeave Revives Acquisition Talks with Core Scientific

    Coinbase to Launch US Perpetual Futures on July 21

    Coinbase Launches US Perpetual Futures in July

    India Considers Creating Strategic Bitcoin Reserve, Officials Propose

    US Initiates Strategic Bitcoin Reserve Policy via Executive Order

    U.S. Government to Accumulate Bitcoin for Strategic Reserve

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    World Chain Prioritizes Human Transactions with Blockchain Upgrade

    Aqua 1 Invests $100 Million in WLFI, Largest Stakeholder

    Ripple Mints 12M RLUSD as Stablecoin Adoption Grows

    US Court Rejects SEC, Ripple’s $125M Settlement Bid

    Joseph Lubin Proposes Ethereum-based Leverage Strategy for SharpLink

    Whale Accumulation Propels Pepe Coin Potential Price Surge

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Ledn Secures $50M Bitcoin-Backed Syndicated Loan

Solomon M. by Solomon M.
May 4, 2025
in Bitcoin News
Key Points:
  • Landmark Bitcoin-backed loan expands Ledn’s financial capabilities.
  • Secures $50 million from Sygnum.
  • Marks integration of digital assets into financial markets.
ledn-secures-50m-bitcoin-backed-syndicated-loan
Ledn Secures $50M Bitcoin-Backed Syndicated Loan

Ledn, a leading crypto lending platform, secured a $50 million Bitcoin-backed syndicated loan from Swiss digital asset bank Sygnum in August 2024. This transaction is described as an industry-first.

The $50 million loan from Sygnum signifies the growing acceptance of Bitcoin as a collateral option, potentially increasing market stability and liquidity.

Ledn’s strategic initiative involves a $50 million Bitcoin-backed syndicated loan from Sygnum. This agreement enhances their retail lending capabilities, using Bitcoin’s reputation and value in financial transactions to strengthen liquidity. It demonstrates cryptocurrency’s increasing mainstream adaptation. John Glover, Ledn’s CIO, stated that this move emphasizes Bitcoin’s legitimacy as collateral.

“Partnering with Sygnum to secure the first Bitcoin-backed syndicated loan facility is a landmark achievement for Ledn. This collaboration not only underscores our commitment to pioneering innovative financial solutions but also marks a significant step forward in integrating crypto assets into mainstream financial markets.” — John Glover, CIO, Ledn

Securing the historic loan is set to influence the cryptocurrency landscape by bridging digital and traditional finance. Ledn, utilizing its Bitcoin holdings, aims to expand its retail services and liquidity to its clients. Enhancing collateral management and loan conditions will advance its position in the market. Adam Reeds, CEO of Ledn, affirmed commitment to innovative financial frameworks.

This move could improve Bitcoin’s acceptance across financial sectors, given its historical growth in institutional placements. Bitcoin ETFs also boost market trust. Past market trends hint at broader cryptocurrency recognition, further strengthening its investment appeal globally. Bitcoin might see better adoption rates, spurred by regulatory acceptance and technological innovations within the financial industry.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

XMR & XLM Price Analyses Raise Questions, BlockDAG Gears Up for CertiK Audit

Next Post

Ledn’s $50M Bitcoin Loan Advice for Miners

Solomon M.

Solomon M.

Related Posts

CoreWeave Revives Acquisition Talks with Core Scientific

by Solomon M.
June 26, 2025

CoreWeave reinitiates acquisition discussions with Bitcoin miner Core Scientific, impacting market valuations.

Coinbase to Launch US Perpetual Futures on July 21

by Solomon M.
June 26, 2025

Coinbase Derivatives to launch US perpetual futures for BTC and ETH, enhancing regulated crypto trading options.

Coinbase Launches US Perpetual Futures in July

by Adriana M.
June 26, 2025

Coinbase Derivatives to launch US perpetual-style futures on July 21, offering 24/7 trading for BTC and ETH.

India Considers Creating Strategic Bitcoin Reserve, Officials Propose

by Solomon M.
June 26, 2025

India's BJP party proposes a strategic Bitcoin reserve, urging adoption amid global practices.

US Initiates Strategic Bitcoin Reserve Policy via Executive Order

by Solomon M.
June 26, 2025

The US government establishes a Strategic Bitcoin Reserve policy to enhance national digital asset strategies and economic infrastructure.

U.S. Government to Accumulate Bitcoin for Strategic Reserve

by Solomon M.
June 26, 2025

U.S. announces strategic Bitcoin reserve accumulation plan, signaling significant policy shift.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.