Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million
This morning, Toronto-based bitcoin lending and saving company Ledn announced a $2.7 million financing round led by White Star’s Digital Asset Fund, with participation from Darrow Holdings, Coinbase Ventures, Global Founders Capital, CMT Digital and Kingsway. The Toronto-based company serves clients in over 100 countries by offering interest-paying savings accounts for bitcoin and USDC, as well as bitcoin-backed loans that provide borrowers with access to fiat or the opportunity to buy more bitcoin. In a release shared with Bitcoin Magazine, Ledn said it will use the proceeds from....
Related News
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that Blockfi, one of its contenders, is facing now to increase its share in the sector. Ledn Raises $30 Million in Latest Funding Ledn, a Canada-based cryptocurrency lending platform managed to raise $30 million in its Series A funding round, a more than tenfold increase from its first funding round.....
Bitcoin lending platform Ledn has announced the completion of a $30 million series A financing round.
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million.
Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit the Market’
Ledn announced Wednesday “the impending launch of a bitcoin-backed mortgage product,” which the company says is “the first product of its kind to hit the market.” The....
Ledn customers will be able to purchase properties with their bitcoin holdings by early next year.
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.