Bitcoin Lender Ledn Crosses $1B in Loan Originations — $BTC Credit Market Heating Up! 💥
Toronto-based Ledn has surpassed $1 billion in loan originations this year, marking its strongest quarter yet amid a rebound in Bitcoin credit markets.
In Q3 alone, the company issued $392 million in BTC-backed loans, nearly equaling its entire 2024 volume. Ledn also hit $100 million in annual recurring revenue (ARR) — a major milestone reflecting growing institutional demand for Bitcoin-backed financing.
