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- Tether invested in Ledn to strengthen bitcoin-secured credit infrastructure.
- Ledn surpassed $2.8B in cumulative BTC loan originations with record 2025 growth.
- The partnership positions both firms to scale global crypto-credit access.
Tether has deepened its presence in the digital-asset credit ecosystem with a new investment in Ledn, a rapidly growing provider of bitcoin-backed lending solutions. The move highlights Tether’s continued expansion into financial infrastructure that supports self-custody, on-chain capital markets, and liquidity tools for long-term bitcoin holders.
Tether announced today that it has invested in Bitcoin lending company Ledn. Since its inception, Ledn has issued over $2.8 billion in Bitcoin-backed loans, with more than $1 billion expected in 2025 alone. The company’s current annual recurring revenue (ARR) has surpassed $100…
— Wu Blockchain (@WuBlockchain) November 18, 2025
Ledn Strengthens Its Position in Bitcoin-Backed Credit
Ledn has emerged as one of the most resilient players in the crypto-lending space, reporting more than $2.8 billion in cumulative bitcoin-backed loan originations since launch. The company said it expects to surpass $1 billion in loan volume for 2025 alone, marking its strongest year to date.
By focusing exclusively on bitcoin, Ledn differentiates itself from other lenders that diversified heavily into altcoins—many of which suffered major liquidity crises in recent years. The company maintains a conservative risk framework, including structured collateral controls and managed liquidation processes designed to protect borrowers from extreme volatility.
Tether Investment Accelerates Global Credit Expansion
Tether’s participation follows Ledn’s previous debt funding round led by Sygnum and brings fresh momentum as the lender aims to triple its 2024 lending output. The company has already raised over $104 million since 2021, but Tether’s backing is seen as a strategic push toward scaling international availability of bitcoin-secured credit.
The investment aligns with Tether’s broader strategy of developing services built on digital-asset rails. The company recently partnered with Rumble and announced plans to introduce Bitcoin tipping for creators, reinforcing its ambition to support creator economies and decentralized finance tools.
Bitcoin Lending Gains Momentum Despite Market Fragmentation
Despite bitcoin’s dominance as a store of value, its presence in DeFi remains limited compared to Ethereum, Solana, and other networks. Much of the sector relies on wrapped bitcoin, making accurate collateral measurement difficult. Aave currently holds the largest share of wrapped BTC, with over $4 billion in collateral.
Also Read: VCI Global to Acquire $100M in OOB Tokens — Tether Becomes Largest Shareholder
Ledn’s growth brings native bitcoin lending closer to levels seen on major platforms, signaling rising appetite for borrowing against BTC without leaving the asset’s ecosystem.
With new capital, strong borrower demand, and a conservative lending model, Ledn is positioned to capture a larger share of the global crypto-credit market. Tether’s entry not only validates Ledn’s approach but also underscores accelerating interest in bitcoin-based financial tools as the sector enters a new expansion cycle.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
