Ledn Bitcoin Bonds: Inside the $188M Bitcoin-Backed Sale

By Drift Striker · February 20, 2026

Introduction Ledn has just completed a groundbreaking issuance of $188 million in Bitcoin-backed bonds, marking a significant milestone in the convergence of crypto lending and traditional finance. This securitized deal, structured by Jefferies Financial Group, is one of the first of its kind—bringing Bitcoin-linked credit to the mainstream bond market with concrete investor protections. Fun […]