According to a press release sent to Bitcoin Magazine, Bitcoin Lender Ledn has launched a private wealth programme aimed at high-net clients and institutions seeking to unlock capital from long-term BTC Holdings.
LEDN’s new program offers Bitcoin aid loans to clients who have long-term BTC and borrow against it to fund their investments. Available to clients with active loans of at least $250,000, it includes features such as faster processing, personalized support and access to a dedicated manager.
“Bitcoin-backed loans are becoming mainstream. Our most sophisticated clients continue to use them to raise money from real estate to new businesses, while providing everything from real estate to new businesses. “Private Wealth Programs provide the tools, speed and trust to run on a large scale.”
The launch comes as large financial institutions are beginning to show interest in providing Bitcoin-supported loans. JPMorgan’s recent interest in cryptographic functionalized loans indicates a shift in the sector. LEDN says it is already developing infrastructure for custody, risk management and loan liquidation.
According to the release, the program includes priority rates for loans over $1 million, rebalance of loans when collateral value increases compared to loans, and prioritization of trading and support. Clients will also be provided access to LEDN leadership teams and private events.
“Our private wealth clients outsource the majority of their digital assets to us, and we are committed to providing them with exceptional services and benefits,” added the co-founder and CEO of LEDN Adam Reeds. “This program formalizes our commitment to these valuable relationships and creates a clear pathway for more clients to access premium services as they grow their holdings.”
For more information, please visit the LEDN website here.
This post LEDN has launched a private wealth program for Bitcoin-assisted lending. It was first featured in Bitcoin Magazine and is written by Oscar Zara Gaperez.
