Profile
Corporate information
Official name
Ledn, Inc.
Registration country
Company type
Digital 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.
Funding
Funding rounds
Series A USD 30,000,000
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Kingsway Capital Inc | High-tech cryptocurrency trading firm. | United States | Initial investment. Led the round. |
|
#Hashed | Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. | South Korea | Initial investment. Round participant. |
|
Alan Howard | United Kingdom | Initial investment. Round participant. | |
|
Alexis Ohanian | United States | Initial investment. Round participant. | |
|
ParaFi Capital | Alternative investment firm focused on blockchain and decentralized finance markets. | Initial investment. Round participant. | |
|
Susquehanna Private Equity Investments LLLP | Susquehanna Growth Equity, Initial investment. Round participant. | ||
|
CMT Digital Holdings LLC | Crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry. | Follow-on investment. Round participant. | |
|
Coinbase Ventures | The corporate venturing arm of Coinbase investing in companies building the open financial system. | United States | Follow-on investment. Round participant. |
|
GFC Global Founders Capital GmbH | The venture arm of Rocket Internet. | Germany | Follow-on investment. Round participant. |
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|
John Pfeffer | Follow-on investment. Round participant. | ||
|
White Star Capital | Global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses. | via Digital Asset Fund, Follow-on investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
#Hashed Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. |
Series A | |
|
|
Alan Howard |
Series A | |
|
|
CMT Digital Holdings LLC Crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry. |
Series A | |
|
|
Coinbase Ventures The corporate venturing arm of Coinbase investing in companies building the open financial system. |
Series A | |
|
|
GFC Global Founders Capital GmbH The venture arm of Rocket Internet. |
+49 (30) 300-1318-00 |
Series A |
|
|
Kingsway Capital Inc High-tech cryptocurrency trading firm. |
360-539-8383 |
Series A |
|
|
ParaFi Capital Alternative investment firm focused on blockchain and decentralized finance markets. |
Series A | |
|
|
Susquehanna Private Equity Investments LLLP |
Series A | |
|
|
White Star Capital Global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses. |
Series A |