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Ledn issues Bitcoin mortgage-backed ABS, receives S&P BBB- investment rating.Techub News reports that Ledn tweeted that its Bitcoin-backed loan company Ledn, which received investment from Tether, has issued ABS (Asset-Backed Securities) with Bitcoin-backed loans as the underlying assets, and has been granted a BBB- investment rating by Standard & Poor's. Ledn stated that this is the first ABS in the digital asset industry to receive an investment rating. The issuance size is $188 million, with subscriptions reaching twice the issuance amount.Techub News02/21, 10:39 AM

快讯比特币02/21, 10:39 AM

Ledn issues Bitcoin mortgage-backed ABS, receives S&P BBB- investment rating.

Techub News reports that Ledn tweeted that its Bitcoin-backed loan company Ledn, which received investment from Tether, has issued ABS (Asset-Backed Securities) with Bitcoin-backed loans as the underlying assets, and has been granted a BBB- investment rating by Standard & Poor's. Ledn stated that this is the first ABS in the digital asset industry to receive an investment rating. The issuance size is $188 million, with subscriptions reaching twice the issuance amount.

LEDN's Bitcoin loan volume for the year exceeded $1 billion, with $392 million issued in Q3 alone.Techub News, according to CoinDesk, the cryptocurrency lending platform LEDN announced that its total loan originations from 2025 to date have exceeded $1 billion. Among these, the Q3 Bitcoin-backed loan originations reached approximately $392 million, nearly matching the total loan volume for the entire year of 2024. The company's annualized recurring revenue for the same period reached $100 million. As of the end of September, the loan book balance was approximately $836.2 million, with an average loan-to-value (LTV) ratio of 42.7%. LEDN ceased its Ethereum-backed lending business in May of this year, shifting its focus to a Bitcoin-only lending model.Techub News10/28/2025, 09:16 AM

快讯LEDN10/28, 09:16 AM

LEDN's Bitcoin loan volume for the year exceeded $1 billion, with $392 million issued in Q3 alone.

Techub News, according to CoinDesk, the cryptocurrency lending platform LEDN announced that its total loan originations from 2025 to date have exceeded $1 billion. Among these, the Q3 Bitcoin-backed loan originations reached approximately $392 million, nearly matching the total loan volume for the entire year of 2024. The company's annualized recurring revenue for the same period reached $100 million. As of the end of September, the loan book balance was approximately $836.2 million, with an average loan-to-value (LTV) ratio of 42.7%. LEDN ceased its Ethereum-backed lending business in May of this year, shifting its focus to a Bitcoin-only lending model.

Tether invested $40 million to $50 million in Ledn last year at a valuation of approximately $500 million.Techub News reported, according to CoinDesk, stablecoin issuer Tether invested approximately $40 million to $50 million in the crypto lending platform Ledn in November 2025. This funding round valued Ledn at around $500 million. Ledn primarily provides fiat and stablecoin lending services using Bitcoin as collateral.Techub News01/10, 09:50 AM

快讯比特币01/10, 09:50 AM

Tether invested $40 million to $50 million in Ledn last year at a valuation of approximately $500 million.

Techub News reported, according to CoinDesk, stablecoin issuer Tether invested approximately $40 million to $50 million in the crypto lending platform Ledn in November 2025. This funding round valued Ledn at around $500 million. Ledn primarily provides fiat and stablecoin lending services using Bitcoin as collateral.

Tether 战略投资比特币抵押贷款提供商 LednTechub News, Tether has made a strategic investment in Bitcoin mortgage provider Ledn to expand Bitcoin-backed lending opportunities. Ledn's infrastructure includes advanced custody, risk management, and liquidation systems, ensuring the security of clients' digital assets used for loans throughout the loan cycle. Since its inception, Ledn has originated over $2.8 billion in Bitcoin-backed loans, with over $1 billion originated in 2025. The company currently reports an Annual Recurring Revenue (ARR) exceeding $100 million.Techub News11/19/2025, 09:38 AM

快讯投融资/收购11/19, 09:38 AM

Tether 战略投资比特币抵押贷款提供商 Ledn

Techub News, Tether has made a strategic investment in Bitcoin mortgage provider Ledn to expand Bitcoin-backed lending opportunities. Ledn's infrastructure includes advanced custody, risk management, and liquidation systems, ensuring the security of clients' digital assets used for loans throughout the loan cycle. Since its inception, Ledn has originated over $2.8 billion in Bitcoin-backed loans, with over $1 billion originated in 2025. The company currently reports an Annual Recurring Revenue (ARR) exceeding $100 million.

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