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The Hash: Congress Seeks Crypto Clarity, Gronk Gets Into NFT Game and More (Video)

Co-hosts Zack Seward, Naomi Brockwell, Will Foxley, Jennifer Sanasie, and Benjamin Powers choose five of the day’s big stories to hash out, analyze and help connect the dots on why these stories matter to the crypto world.

Updated Sep 14, 2021, 12:23 p.m. Published Mar 9, 2021, 6:06 p.m.
The Hash

Co-hosts Zack Seward, Naomi Brockwell, Will Foxley, Jennifer Sanasie, and Benjamin Powers choose five of the day’s big stories to hash out, analyze and help connect the dots on why these stories matter to the crypto world. With a personality-driven, fast-paced, entertaining format, the show is geared toward the mainstream, discovery audience with themes ranging from serious to fun.

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Ledn raises $188m with first bitcoin backed bond sale in asset backed market

Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Crypto lender packages more than 5,400 bitcoin collateralized loans into first asset backed securities transaction of its kind.

What to know:

  • Ledn sold $188m of bonds backed by 5,400 bitcoin collateralized consumer loans, with an investment grade tranche priced at +335 basis points.
  • Automated liquidation of bitcoin collateral helped shield asset backed security investors even as the token fell.