Tether investment in Ledn puts $500 million value on bitcoin-focused lender

Ledn's latest funding move has drawn fresh attention after a major tether investment quietly valued the crypto lender at half a billion dollars. Stablecoin issuer Tether invested between $40 million and $50 million in Ledn in November, according to a person familiar with the transaction. The deal valued the lender, which offers bitcoin collateral loans and services in fiat and stablecoins, at about $500 million. However, when the companies announced a “strategic investment” at the time, they withheld the financial terms.

Source: en.cryptonomist.ch

Related symbols: BTCUSD

2026-01-09 17:28:04 GMT.