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LEDN, Sygnum Refinance loan of $ 50 million supported by Bitcoin with an excessive symbolic facility

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The LEDN digital asset lender has stored Swiss Crypto Bank Sygnum to re -financing its Bitcoin loan worth $ 50 million, in a deal that says companies say the door for the programmed and combined investment opportunities in Bitcoin.

The companies said on Wednesday that while re -financing coincides with a joint loan worth $ 2024, the last facility was twice high.

The offer of the loan that has been returned indicates that investors’ request exceeds the allocation of the available loan, which often indicates a strong institutional benefit. In such cases, investors may only obtain a small part of the required customization, or the source may increase the loan size to accommodate more capital.

Part of the loan is designed through the SYGNUM Desygnate platform, which allows the issuance of special credit deals as ONChain investment products. By benefiting Distinguished symbolThe facility can be distributed on a broader scale to qualified investors.

Companies said that increased subscription highlights the increasing demand for investors on inflationary income products, especially with the continued returns in both traditional markets and Defi in the settlement.

Earlier this year, Defi Analytics Neutrl I mentioned Evidence 2022 Bear market.

LEDN is not alone in Bitcoin lending space. In January, Bitcoin -backed loans were re -submitted For US agents, with Morpho Labs facilitate the lending process.

In July, Cointelegraph reported that Cantor Fitzgerland – Twenty One Capital was exploring US dollar loans guaranteed by bitcoin guarantees. During, JPMorgan Chase is said to think Bitcoin loan products, with a possible launch in 2026-although time tables remain vulnerable to change.

Private credit power arm

The SYGNUM-LEDN facility is located within the distinctive private credit market, and it is now the largest and fastest segment of the distinctive symbol of assets.

Not all bitcoin loans are qualified as a special credit. Approach products that focus on retail are generally outside this category.

According to industry data, private credit currently represents more than half of all the value of the advantages. As of Wednesday, the value of the private credit markets in ONSAIN reached 15.6 billion dollars, which represents 58 % of the real asset market in the real world.

*Special credit growth. source:* *rwa.xyz*

As Galaxy Digital Note In its April report on Crypto Linding, special credit depends on Onchain on the distinctive symbol, programming, and interest, as a result, expansion of the return. “

Private credit opportunities are usually provided in a range of 8 % to 12 %, according to June analysis By Defi Protocol Gauntlet and Industry Platform rwa.xyz.