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Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets

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Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506 million in digital asset loans. The retail sector … Read more

Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations

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Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $1.38 trillion syndicated loan market. The collaboration highlights the growing integration of crypto assets … Read more

Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024

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Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise of Ethereum exchange-traded funds (ETFs) in Asia. Institutional … Read more