Ledn
Tether Invests in Ledn to Expand Bitcoin-Backed Lending Amid Surging Demand
The stablecoin issuer's investment comes as BTC-backed lending scales rapidly, with Ledn surpassing $1 billion in originations this year and positioning for global expansion.
Bitcoin Slides Below $95K in Worst Week Since March; Analyst Sets Downside Target at $84K
BTC has tumbled nearly 9% this week, while ETH, SOL declined even further and XRP outperformed.
Bitcoin Lender Ledn Hits $1B in Loan Origination This Year as BTC Credit Market Picks Up
The crypto lender also crossed $100 million in annual recurring revenue, the firm reported.
Bitcoin Rebounds After Galaxy Completes Sale of $9B BTC From Satoshi-Era Whale
Galaxy said the long-dormant wallet sold 80,000 BTC through the asset manager as part of the investor's estate planning.
Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk
Ledn said the shift is part of its broader strategy to simplify its product and sharpen its focus around bitcoin.
Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows
SUI, BCH and Hedera's HBAR led Friday gains in the CoinDesk 20 Index, with one analyst saying this week's crypto rally is likely the beginning of BTC's climb to fresh record prices.
Tether, Galaxy, Ledn Dominate CeFi Crypto Lending as DeFi Borrowing Soars, Research Shows
Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.
Bitcoin-Backed Loans Are Going to Get Way Cheaper Around the Globe: Ledn Co-Founder
The bitcoin lending market will get much more competitive in coming years, and that's good for consumers.
After 2022’s Bust, Scars Are Healing In Crypto Lending
Innovative structures, attractive yields, and stronger risk management capabilities are driving a recovery in institutional crypto lending markets, says Craig Birchall, head of product at Membrane, an institutional loan management software provider for digital asset markets.
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
