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Digital asset lender Ledn is transitioning to fully collateralized Bitcoin lending and discontinuing support for Ethereum ... “part of a broader strategic shift,” as Bitcoin represents ...
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Ledn’s transition to a Bitcoin-only loan model marks a significant shift in the crypto lending space. By ending support for Ethereum loans and Growth Accounts, the platform is simplifying its ...
Centralized crypto lender Ledn is discontinuing bitcoin yield generation and Ethereum support to double down on bitcoin ... support for ETH will be retired at the same time, reflecting Ledn's shift to ...
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Ledn co-founder cites client demand to focus on Bitcoin and opportunity to build regulated financial services around bitcoin as reasons to go Bitcoin-only.
Ledn will also stop lending client assets to generate yield as it seeks to remove risk from its business model. Bitcoin offered to Ledn as collateral for loans will remain fully in its custody or ...