Data Center Debt Securitizations Total $46 Billion Since 2018
Photo: TokenPost
Data center securitizations are drawing scrutiny over whether loans tied to projected lease income can pass losses to investors, as cumulative issuance since 2018 reached $46 billion by April 2026. Issuance set records in 2025, and the market could reach $150 billion by 2028. Asset-backed securities accounted for 70% of the $46 billion issued since 2018, while commercial mortgage-backed securities made up 30%. The concern centers on loans based on promised future leases before customer payments begin. Securitization turns claims on facilities and operating contracts into securities held by investors.
Source: TokenPost
