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Crypto lender Ledn has completed a $188 million Bitcoin-collateralized asset-backed securities (ABS) deal.
This is the first-ever ABS issuance backed by BTC in the broader debt market. 🟠📊
Translation?
Bitcoin is moving deeper into traditional finance.
From ETF approvals → sovereign interest →
Now BTC-backed structured debt.
Institutional integration is accelerating.
Is this the next phase of Bitcoin’s financialization? 👀
#Bitcoin #BTC #Crypto #Ledn #Institutional #Adoption #WhenWillCLARITYActPass #TradFi #Web3