BlockBeats News, November 18th, Tether announced a strategic investment in the Bitcoin-backed loan provider Ledn to expand Bitcoin-backed lending opportunities. Ledn’s infrastructure includes advanced custody, risk management, and settlement systems to ensure customers’ digital assets used for loans remain secure throughout the loan period. With the Bitcoin-backed lending market potentially entering a significant growth phase, Ledn is well positioned to expand credit accessibility in both retail and institutional markets.
Since its inception, Ledn has disbursed over $2.8 billion in Bitcoin-backed loans, with the amount issued in 2025 exceeding $1 billion, marking the company’s strongest annual performance to date. In just the third quarter of 2025, Ledn disbursed $392 million in loans, nearly matching the total for the entire year 2024. The company currently reports an Annual Recurring Revenue (ARR) of over $100 million, highlighting the growing demand for secure Bitcoin-backed lending products.
