Crypto lending firm Ledn has successfully sold $188 million in securitized bonds backed by Bitcoin, marking the first-ever deal of its kind in the asset-backed debt market. This groundbreaking transaction highlights the growing integration of cryptocurrency into traditional financial instruments, offering a new avenue for investors seeking exposure to digital assets. The sale represents a significant milestone for both Ledn and the broader crypto industry, as it demonstrates the potential for Bitcoin to serve as collateral in structured finance. The move is expected to pave the way for similar offerings, further bridging the gap between digital currencies and conventional financial markets.