Ledn partners with Sygnum to refinance a 50 million USD Bitcoin loan

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The digital asset lending platform Ledn has partnered with Swiss crypto bank Sygnum to refinance a $50 million Bitcoin-backed loan, paving the way for tokenized investment opportunities based on Bitcoin.

The new loan registered is more than double the demand, indicating strong interest from institutional investors. Part of the loan is tokenized through Sygnum's Desygnate platform, allowing for wide distribution to qualified investors.

Companies reported that the oversubscription reflects increased demand for inflation-protected income products, amid declining yields in both traditional and DeFi markets.

The tokenized private credit market currently accounts for over 50% of the total value of on-chain tokenized real assets, with a scale of approximately 15.6 billion USD (58% of the RWA market ). These products typically offer yields ranging from 8% to 12%, according to data from Gauntlet and RWA.xyz.

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