[Bloomberg: Ledn Becomes the First Crypto Company to Issue Bitcoin-Backed Bonds in the Asset-Backed Securities Market] BlockBeats News, February 19, according to Bloomberg, crypto lending company Ledn Inc. has sold $188 million worth of securitized bonds backed by Bitcoin, making it the first such transaction in the asset-backed debt market. According to sources familiar with the matter, the transaction includes two bonds, one of which has achieved an investment-grade rating, with its pricing 335 basis points above the benchmark rate. Due to undisclosed details, the sources requested anonymity.