ALREADY ONE OF THE MOST RAPIDLY GROWING SECTORS OF THE MATURING CRYPTO FINANCE ECOSYSTEM, CREDIT IS POISED TO CONTINUE EXPANDING IN THE COMING YEARS

As of Q1 2021, the crypto-collateralized lending market is estimated to originate well over $10bn in loan volumes, with $20bn of crypto-collateral actively being used to generate over $100m on a quarterly basis. This market is poised to continue expanding in coming years as it is an indispensable part of the ecosystem, and in tandem with the expected continued growth of crypto assets as an alternative asset class and continued digitization and tokenization of traditional assets.

Ledn has built its business at the core of the rapidly growing digital asset credit sector, servicing both retail and institutional customers globally, with an initial focus on Canada and Latin America. Ledn offers institutional-grade financial products for digital assets starting with savings and loans on leading crypto assets and stablecoins such as Bitcoin and USDC.

Led By

Sep Alavi Thomas Klocanas Sanjay Zimmermann

Investment Date

January 2021

Sector

Consumer

Business Model

CeFi

Headquarters

Toronto, Canada

Status

Current

Initial Investment

Seed Lead
Visit Company Website