BIG: Crypto lending firm Ledn sold $188M in Bitcoin-backed bonds, marking the first Bitcoin-collateralized ABS offering in the asset-backed debt market, per Bloomberg.

Sports-focused prediction market Novig announced the completion of a $75 million Series B round, led by Pantera Capital, valuing the company at $500 million. Co-founder Jacob Fortinsky stated that Novig uses a peer-to-peer model, where users do not bet against a house, offering