Ledn, a crypto lending firm, has pulled in $70 million in fundraising, according to a press release. The company is now valued at $540 million. “Since inception, Ledn has processed over $450 million in loan originations, with 90% of those originations occurring during 2021,” Ledn...
Ledn has wrapped up a Kingsway Capital-led $30 million Series A financing round that also saw the participation of new investors, according to a Wednesday (May 26) announcement. Every investor from the company’s previous round took part as well. “With this new injection of capital, we...
Bitcoin shot above $44,000 on Monday (Feb. 8), after Tesla revealed in a filing that it had purchased $1.5 billion of bitcoin, CNBC reported. Tesla is also considering allowing bitcoin as a method of payment for its products. Tesla CEO Elon Musk caused a similar...
Ledn Inc. has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, according to an announcement. Customers of Ledn will now have the ability to save and accrue interest in both bitcoin and USDC. Matt Ballensweig, vice president of...
September 29, 2022
Some Latin Americans are turning to cryptocurrency to access credit as a way to combat the difficulty of borrowing money from traditional banks there. The problem has become especially apparent with the high interest rates and inflation in recent months. In 2020, as the pandemic hit, Latin American central banks rose interest rates early — […]
May 26, 2021
Ledn has wrapped up a Kingsway Capital-led $30 million Series A financing round that also saw the participation of new investors, according to a Wednesday (May 26) announcement. Every investor from...
February 08, 2021
Bitcoin shot above $44,000 on Monday (Feb. 8), after Tesla revealed in a filing that it had purchased $1.5 billion of bitcoin, CNBC reported. Tesla is also considering allowing bitcoin...
May 14, 2020
Ledn Inc. has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, according to an announcement. Customers of Ledn will now have the ability...