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The Path to Bitcoin

Episode #185 – ABS Ratings = Milkshake NGU

By Anon

Aired Feb 26, 2026 · 35m · Last boosted Mar 22, 2026

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Show Notes

Episode #185 | Published February 26, 2026 A lender took a pool of bitcoin-collateralized loans, packaged the pool into an asset-backed security, sold roughly $188 million of bonds, and cleared investment-grade treatment on senior notes. That is not just a headline event. It is a structural transition where Bitcoin collateral gets translated into bond language: tranches, enhancement, triggers, servicing, and surveillance. Episode Summary The central claim is straightforward: this is a market-structure milestone because Bitcoin has now entered institutional credit plumbing in a form fixed-income desks can evaluate, price, and distribute. Asset-backed securitization is not new technology. What...

Nostr Boost Stats

sats
100
boost
1
booster
1

Nostr Community

Everyone who has boosted Episode #185 – ABS Ratings = Milkshake NGU on Nostr, ranked by sats sent, all time.

  1. Dan_Wedge 100 sats
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This is the bear podcast you need
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great rip, wonderful to hear such a nice conversation. Oh & GFY
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 100 via Fountain
    If you are getting your #40hpw you should listen to this as it talks about Ledins businesses model