Tokenized gold is moving deeper into crypto lending markets.
Digital asset lender Ledn has added Tether Gold, or XAU₮, as collateral for loans, according to its official announcement. The move gives borrowers another way to access liquidity without selling a tokenized claim on physical gold.
TL;DR
- Ledn has added Tether Gold as a supported collateral asset for loans.
- Borrowers can access liquidity against XAU₮ rather than selling the asset outright.
- Ledn says collateral is held 1:1 and is not rehypothecated.
- The product excludes residents of Canada and the European Union, so availability is not global.
A new collateral lane for tokenized gold
Ledn has historically been closely associated with Bitcoin-backed lending. Adding Tether Gold widens…
