Ledn

Crypto Loans Ledn
Updated Edited by George Ong
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Ledn Overview

Key facts

Product Name
Ledn
Parent Company
LednLedn
Release Date
2018
Website
ledn.io
Service model
centralized
Product status
available
Collateral & debt
Bitcoin (BTC); Debt currency: USD
Borrowing rate
Individual quote required; individual quote; Tiered APR · Quote required. Lower APRs apply to larger loans, and the 2% administration fee is included in the APR where charged (US/Canada exempt).

Additional details

Offer scope
Ledn Bitcoin-Backed Dollar Loan; 12-month US dollar loan against BTC for eligible borrowers. Unavailable in California, Connecticut, Hawaii, Nevada, North Dakota, South Dakota, Tennessee, Washington, and Washington, D.C. Other states and countries can carry conditions on amount, APR, or purpose.
Amount & term
$500 general minimum · 12 months · Conditional renewal; Loan structure: Term loan; Minimum: USD 500; Maximum: Not disclosed; $500 general minimum · At least $1,000 in BTC to apply · Varies by country/state; Term: 12 months
LTV & liquidation
Partial sale to 65% at ≥80% LTV · Maturity triggers. Warnings at 70% and 75% LTV. At maturity, an eligible loan at or above 65% LTV is sold down to 64% before renewal.
Fees
2% admin included in APR (US/Canada exempt) · Partial-wire bank charge
Repayment
At maturity · Early/partial allowed
Availability
Country/state restrictions · Nine US jurisdictions unavailable; KYC: Required; Credit check: Not required
Payout
Bank / stablecoins · Timing varies
Custody
Custodial · Funding pledges · No yield lending

Ledn Review

Ledn

Crypto Loans

7.3 Good

Ledn’s Bitcoin-backed loan gives borrowers a 12-month term with early and partial repayment. Ledn can pledge BTC for funding, and a sale can follow either a price decline or unpaid maturity charges. Choosing it means planning for renewal as well as managing the collateral ratio during the term.

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Ledn About

Ledn is a Bitcoin-focused lender, issuing loans since 2018, whose Dollar Loan pays US dollars against BTC for a 12-month term. Proceeds arrive by bank wire or as stablecoins where available, and applying needs identity checks but no credit check.

The APR is tiered by loan amount and includes a 2% administration fee where charged, with US and Canadian residents exempt. A typical loan starts at 50% LTV. At 80%, Ledn sells only enough BTC to bring the loan back to 65%, and the loan stays open. Early repayment has no penalty.

Collateral stays with Ledn or its partners and can be pledged to the partners funding the loan, but it is not lent out for yield. Loans are unavailable in eight US states and Washington, D.C.

Ledn Team

Parent company

Ledn

Technology

Ledn is a fintech company that provides financial services for Bitcoin, USDC, and other digital assets, focusing on savings, lending, and asset management solutions.

More about Ledn

Team members

9 profiles

Adam Reeds

 Founder & Chief Executive Officer

Mauricio Di Bartolomeo

 Founder & Chief Strategy Officer

John Glover

 Chief Investment Officer

Jane Jon

 Chief Financial Officer

Kenneth Ng

 Chief Legal Officer

Joanna Halligan

 Chief People Officer

Andrew Rapsey

 Chief Marketing Officer

Mina Botrous

 Chief Technology Officer

Carlos Ng

 Chief Treasury Officer
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