Bitcoin-backed loans hit Wall Street — sub-prime-style incentives, but with liquidation triggers

Ledn’s $188 million securitization marks the moment Bitcoin-backed consumer credit started looking like mainstream asset-backed debt. Ledn Issuer Trust 2026-1 packages 5,441 fixed-rate balloon loans into rated, tradable notes with investment-grade and subordinated tranches, custody arrangements, liquidity reserves, and all the structural scaffolding that allows institutional investors to buy Bitcoin-linked

Fair Shares

Tokenization is bringing capital markets on-chain ⛓️ Startup shares and ownership records are starting to move onto blockchain infrastructure, opening new ways to structure issuance, distribution, and participation. Fair Shares is building the financial layer that brings corporate treasuries and company shares on-chain, enabling secure custody, tokenized ownership, and transparent

Morning Minute: Base Breaks Up With Optimism

Base is taking their ball (onchain revenue) and going home (to their own chain). 

Sui ETFs just launched — and the volume is collapsing because nobody’s showing up

Two spot Sui ETFs began trading in US markets on Feb. 18. Canary’s SUIS is listed on Nasdaq, while Grayscale’s GSUI appeared on NYSE Arca. Both products offer staking-enabled exposure to Sui, the layer-1 blockchain positioned as a high-throughput alternative to Ethereum. By the end of the first trading session,

Bitcoin ETFs Lose Another $166M as Five-Week Withdrawals Near $4B

Bitcoin ETF outflows near $4 billion over the past five weeks, as experts debate whether the streak signals a reset or structural weakness. 

Silicon Valley Engineers Charged With Theft of Google, Tech Trade Secrets

Three engineers are accused of stealing sensitive mobile processor and cryptography files from Google and two other companies. 
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