Nik Hoffman

Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine. The $50 million loan, syndicated among Sygnum’s institutional clients, will fuel Ledn’s expansion in retail lending, offering…

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Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility

Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility

The Democratic Party’s official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration’s hostility towards the industry. Despite the growing significance of Bitcoin and digital assets, neither Kamala Harris or Tim Walz, who…

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Bitwise Acquires ETC Group, Europe’s Largest Physical Bitcoin ETP Issuer

Bitwise Acquires ETC Group, Europe’s Largest Physical Bitcoin ETP Issuer

Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global footprint but also adds more than $1 billion in assets under management to its portfolio. “Bitwise is building a…

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