Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk

Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk

Ledn said the shift is part of its broader strategy to simplify its product and sharpen its focus around bitcoin.

Ledn Drops Ethereum, Embraces Bitcoin-Only Custody Model

Ledn will stop Ethereum support on July 1, 2025, shifting to a bitcoin-only lending and custody model. The platform ends yield-generating services, opting for a 1:1 bitcoin custody system to reduce client risk. The change responds to rising BTC loan demand and regulatory pressure, distancing from al...

Ledn will now be a company 100% focused on bitcoin-collateralized loans. Read more

Ledn Pivots Exclusively To Bitcoin Lending: Ending ETH Support Marks Bold Strategy

BitcoinWorld Ledn Pivots Exclusively to Bitcoin Lending: Ending ETH Support Marks Bold Strategy In a significant strategic shift within the crypto lending space, platform Ledn has announced it will discontinue support for Ethereum (ETH)-backed loans and related savings products. This change, effective July 1, marks a decisive move for Ledn to concentrate its efforts solely on its Bitcoin lending services, specifically its “Custodied Bitcoin Loan…

Key news points: Ledn will stop offering ETH-backed loans and crypto performance accounts, focusing its entire operation on Bitcoin loans since July. The company will eliminate any counterparty risk, directly guarding all collaterals and discarding the institutional asset loan. As of July, Ledn will lower its annual rate to 12.9% and allow users to release part of its BTC when their loan is well collateralized. Ledn announced that it will stop o…

Ledn Moves to Fully Custodied, Bitcoin-Only Loan Model, Eliminating Client Asset Lending Risk

Ledn discontinues bitcoin yield generation and ETH support to double down on Bitcoin-collateralized lending George Town, Grand Cayman—Ledn, one of the longest-standing digital asset lenders, today announced a sweeping update to its platform to discontinue any lending of client assets to generate interest, meaning that client assets will never be exposed to third party lending credit risk. Going forward, Ledn will only offer its Custodied Bitcoin…