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Ledn has expanded its collateral framework to include Tether Gold, stepping outside the Bitcoin ($BTC)-backed lending model the company was built on.
The move comes as tokenized commodities have secured a meaningful share of the broader real-world asset market, now totaling $43 billion — with the commodity segment accounting for nearly 17% of that figure.
What Real-World Assets Mean for Crypto Lenders Real-world assets, or RWAs, are physical or traditional financial instruments — commodities, bonds, real estate — whose ownership is recorded and transferred on a blockchain.
Tokenizing an asset lets a holder use it as on-chain collateral without selling or physically moving the underlying thing.
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