Ledn
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Expanding to California: Ledn Makes Big Bets as TradFi Starts to 'Flood Money' into Crypto
#Ledn – a centralized cryptocurrency lending platform based in over 130 countries – is preparing to expand into California, as traditional financial institutions (TradFi) start to seriously enter the crypto market. With total assets under management reaching $1.5 billion, Ledn is betting that the wave of institutional entry will change the landscape of the crypto lending industry.
Big vision from the West
In a recent interview, Ledn's CEO and co-founder – Adam Reeds – revealed that the company has filed for a license to operate in California. This is seen as a strategic move to expand in the US, where regulations on crypto are gradually becoming 'softer' after former SEC Chairman Gary Gensler stepped down.
Big vision from the West
In a recent interview, Ledn's CEO and co-founder – Adam Reeds – revealed that the company has filed for a license to operate in California. This is seen as a strategic move to expand in the US, where regulations on crypto are gradually becoming 'softer' after former SEC Chairman Gary Gensler stepped down.
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