Sygnum, a European digital asset bank, says it has closed a $50 million syndicated loan secured by Bitcoin. The transaction was for Ledn, and a portion of the proceeds is expected to aid the firm’s tokenization services. Sygnum states that the loan is indicative of… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged bitcoin, EU, europe, Ledn, online lending, sygnum
Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, has issued the industry-first syndicated loan backed by Bitcoin (BTC) to premier crypto lender Ledn, which will be used to fund the growth of Ledn’s retail lending operations. Syndicated among Sygnum’s institutional… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged banking, digital assets, Ledn, lending, sygnum
Predictions about Bitcoin’s future price span the spectrum. The most recent bull run has fueled speculation that Bitcoin is poised to move even higher. The upward price expectations are due in part to the launch of regulated Bitcoin spot ETFs in the United States and… Read More
Read more in: Blockchain & Digital Assets | Tagged bitcoin, Ledn
BlockFi, a crypto trading marketplace and yield generator, apparently has another suitor. As has been previously reported, FTX, founded by Sam Bankman-Fried, has provided a $250 million line of credit while entering into a discussion to potentially purchase the firm. Rumors published by CNBC indicate… Read More
Read more in: Canada, Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged blockfi, ftx, Ledn, sam bankman-fried, zac prince
White Star Capital, a multi-stage tech venture capital investment platform that backs founders building interantional businesses, announced the initial close of its second Digital Asset Fund (DAF II). The fund, which will continue to invest in crypto-networks and early-stage blockchain or DLT-powered Web3 businesses, with… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged Crypto Fund, crypto-assets, decentralized finance, defi, digital asset fund, digital assets, gaming, Ledn, Sep Alavi, startups, ubisoft, venture capital, web 3.0, white star capital
Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More
Read more in: Blockchain & Digital Assets, Canada | Tagged coinbase ventures, cryptocurrency, dan tapiero, digital assets, Ledn, series b
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