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...
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...
April 14, 2025
Tether, Galaxy and Ledn have become leaders in a crypto lending market that has rebounded since its collapse two years ago. As of the end of the fourth quarter of 2024, the three firms accounted for 88.6% of the centralized finance (CeFi) lending market and 27% of the total crypto lending market, which includes crypto-backed […]
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...
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...