Tether Invests in Bitcoin-Backed Lender Ledn to Expand Crypto Credit Access
Tether’s strategic investment in Ledn targets over $1 billion in Bitcoin-backed loans for 2025, building on Ledn’s $2.8B lending track record since 2018.
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Summary
According to Tether’s official announcement on February 18, the company has made a strategic investment in Bitcoin-collateral lending leader Ledn. Since its founding in 2018, Ledn has executed more than $2.8 billion in BTC-backed loans from its Canada base, including an expected $1 billion in loans in 2025. The investment aims to expand access to Bitcoin-secured credit solutions globally and aligns with Tether’s objective of advancing financial inclusivity through decentralized lending.
Terms & Concepts
- Bitcoin-backed lending: A financial service where loans are secured by Bitcoin holdings, enabling liquidity without selling the cryptocurrency.