Ledn's Impressive Growth and Milestone Achievement in Crypto Loans for Q1

Thursday, 9 May 2024, 13:00

Ledn, a prominent player in the crypto lending space, reported processing a remarkable $690 million in crypto loans during the first quarter. The surge in demand was attributed to the influx of former Celsuis clients and the introduction of U.S. spot bitcoin ETFs. This significant growth underscores Ledn's increasing presence and success in the centralized lending market.
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Ledn's Impressive Growth and Milestone Achievement in Crypto Loans for Q1

Ledn's Cryptocurrency Loan Growth Milestone

Ledn, a key player in the crypto lending sector, experienced substantial growth in Q1 by processing a total of $690 million in crypto loans. The surge in demand for their services was primarily driven by former Celsuis clients transitioning to Ledn, as well as the launch of U.S. spot bitcoin ETFs. This achievement showcases Ledn's strong foothold in the market and their ability to meet the evolving needs of cryptocurrency holders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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