Sygnum and Ledn Refine $50 Million Bitcoin Loan, Signaling Growing Institutional Demand

Sygnum Bank and Ledn have successfully refinanced a $50 million Bitcoin loan, with the deal being twice oversubscribed and partially tokenized. This demonstrates robust interest from institutional investors in Bitcoin-backed lending products. Sygnum’s Desygnate platform facilitated the tokenization process, enabling onchain distribution to qualified investors.