Corporate information

Official name
Ledn, Inc.

Company type

Digital asset savings and loans platform.

Overview

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.



Funding rounds

Series A USD 30,000,000


USD 30,000,000 ( )

Profile Country Notes
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.


Investment activity status
Active investor

Current team

Current team

Financials