Lend Inc.

Ledn is a Canada-headquartered digital asset lending platform that specializes in Bitcoin-backed financial services. The company operates globally, serving clients in over 120 countries through its suite of lending, savings, and trading products. Ledn's primary offerings include Bitcoin-backed loans that allow cryptocurrency holders to access dollar liquidity without selling their digital assets, and B2X loans that enable users to double their Bitcoin exposure using existing holdings as collateral. The platform requires a minimum of $1,000 in BTC collateral for loan approval, with no credit checks or monthly payments required. Loans are typically funded within 24 hours and can be denominated in USD, USDC, or local currencies, with loan-to-value ratios at 50 percent. Since inception, Ledn has originated over $2.8 billion in bitcoin-backed loans, including more than $1 billion in 2025 alone. The company reported annual recurring revenue exceeding $100 million and experienced significant growth in Q3 2025 with $392 million in loan originations. In November 2025, Ledn secured a strategic investment from Tether to expand its bitcoin-backed lending services and support international market expansion. Ledn distinguishes itself through transparency initiatives, being the first digital asset lending company in the crypto industry to complete a Proof-of-Reserves Attestation, allowing clients to verify their balances in periodic reports. The company employs over 50 people and maintains a Bitcoin-focused approach, though it also handles USDC stablecoin transactions. Ledn offers both Standard loans, where collateral may be lent to generate interest at lower rates, and Custodied loans, where collateral is held securely without being lent out. While headquartered in Canada with a global operational footprint, Ledn does not have specific operations based in Mexico, though its services may be accessible to Mexican residents depending on jurisdiction eligibility.