Bitcoin Lender Ledn According to a Bitcoin Magazine press release, has introduced a Private wealth program for high net worth clients and institutions who want to access capital without having to sell their BTC investments.
Ledn’s program allows clients to get loans backed by Bitcoin for those who own BTC on a long-term basis and use it as collateral. This program is open to all clients with active loans of at least $25,000. Features include faster processing and personalized support.
“Bitcoin-backed loans are going mainstream. Our most sophisticated clients are using them to fund everything from real estate to new businesses, while keeping upside exposure,” Mauricio Di Bartolomeo, Co-Founder and CEO of Ledn. “The Private Wealth program gives them the tools, speed, and trust to operate at scale.”
As large financial institutions show an increasing interest, the launch of this new product is timely. bitcoin-backed lending. JPMorgan’s recent interest in crypto-collateralized loans marks a shift in the sector. Ledn has developed infrastructures for risk management, loan liquidation, and custody.
In the press release it is stated that private wealth clients are entitled to a monthly complimentary loan rebalance, in addition to the standard features available to everyone. Ledn offers its clients exclusive access to the leadership of Ledn and their private events.
“Our Private Wealth clients entrust us with significant portions of their digital assets, and we’re committed to providing them with exceptional service and benefits,” Adam Reeds is the co-founder and CEO of Ledn. “This program formalizes our commitment to these valued relationships while creating clear pathways for more clients to access premium services as they grow their holdings.”
Ledn’s Website has more details. here.
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Source: bitcoinmagazine.com
