CPE News (5/25/2021) – Ledn Inc. has closed a major Series C financing with Kingsway Capital, White Star Capitals Digital Asset Fund, Coinbase Ventures, Global Founders Capital, and offshore and other investors.
The Series A follows the seed financing closed in January 2021 led by White Star Capital.
Founded by Adam J. Reeds and Mauricio Di Bartolomeo, Toronto based Ledn is a global digital asset savings and credit platform. Ledn’s suite of products consists of Save: bitcoin and USDC savings accounts that pays interest on bitcoin or USDC with no minimums, Borrow: bitcoin-backed loans which allows customers to access dollars without selling their bitcoin, and B2X: bitcoin-backed loans to purchase more bitcoin.
photo credit: Ledn