Ledn, Sygnum refinance 50 million USD Bitcoin loan amid investor scramble for yield

Ledn has partnered with Sygnum to refinance a 50 million USD Bitcoin-backed loan, indicating significant institutional interest. This refinancing was oversubscribed, showing that demand exceeds available allocations.

The report emphasizes the challenges in the current market for yield, as traditional and decentralized finance yields continue to flatten, alongside the booming growth of private credit within the tokenization space.

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