Company typeDigital asset savings and loans platform.
Ledn provides financial products with a mission to help clients across the globe unlock the power of digital assets to build wealth for the long term. Operating in over 100 countries, Ledn offers interest-bearing savings accounts and Bitcoin-backed loans, enabling clients to access dollars or additional Bitcoin without needing to sell any of their existing holdings. Ledn has active clients in 105 countries, and has exceeded $1 billion in assets on its platform. Since the start of 2021, Ledn has tripled its team while growing its total lending book by over 800% and savings products by 280%. Ledn remains an industry leader when it comes to transparency and accountability standards, being the first-ever lending platform to undergo a formal proof-of-reserves attestation by Armanino LLP, a top public accounting and consulting firm and a recognized global leader in digital asset assurance solutions.
Series A USD 30,000,000
USD 30,000,000 ( )
|Kingsway Capital||Initial investment. Led the round.|
|#Hashed||Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency.||Initial investment.|
|ParaFi Capital||Alternative investment firm focused on blockchain and decentralized finance markets.||Initial investment.|
|Susquehanna Private Equity Investments LLLP||Initial investment.|
|Alan Howard||Individual investor.||Initial investment.|
|Alexis Ohanian||Individual investor.||Initial investment.|
|CMT Digital||Crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry.||Follow-on investment.|
|Coinbase Ventures||The corporate venturing arm of Coinbase investing in companies building the open financial system.||Follow-on investment.|
|Global Founders Capital (GFC)||The venture arm of Rocket Internet.||Follow-on investment.|
|White Star Capital||Follow-on investment. (via Digital Asset Fund)|
|John Pfeffer||Individual investor.||Follow-on investment.|