Ledn completes $188 million securitization (Ledn Issuer Trust 2026-1), packaging 5,441 Bitcoin-backed loans into ABS: $160 million Class A (S&P BBB-) and $28 million Class B (B-), with a principal of $199.1 million, collateralized by 4,079 BTC (approximately $357 million). Average LTV 55.78%. #Bitcoin
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Ledn completes $188 million securitization (Ledn Issuer Trust 2026-1), packaging 5,441 Bitcoin-backed loans into ABS: $160 million Class A (S&P BBB-) and $28 million Class B (B-), with a principal of $199.1 million, collateralized by 4,079 BTC (approximately $357 million). Average LTV 55.78%. #Bitcoin