logo

Ledn has issued over $1 billion in Bitcoin loans in the past year, signaling a resurgence in the Bitcoin lending market

By: theblockbeats.news|2025/10/28 03:45:51

BlockBeats News, October 28th, CoinDesk reported that Bitcoin lending institution Ledn has surpassed a total loan issuance of over $1 billion this year, with Bitcoin-backed loans totaling $392 million in the third quarter alone. At the same time, the company's annual recurring revenue has also reached $100 million, reflecting a rebound in the Bitcoin lending market.


As of the end of September, its loan book reached $836.2 million, with an average loan-to-value ratio (LTV) of 42.7%, significantly lower than the industry's high-risk range. According to Galaxy Research data, the institution currently ranks as the world's third-largest centralized lending institution, only behind Tether and Galaxy.

Nodo del vidrio: La reducción de los holdings de BTC en las “manos de diamante” hace que el aumento de precios enfrente una mayor resistencia, ya que los fondos actuales de compra y venta no pueden generar suficiente demanda para absorber la presión de ve
The Fed's Balance Sheet Normalization Nearing Completion, Money Markets Showing Stress Signals

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

07:18

The People's Bank of China Convenes Meeting of the Coordination Mechanism for Cracking Down on Virtual Currency Transaction Speculation

06:48

「1011 Insider Whale」 Opens New 5x ETH Short Position, Reaching $15 Million in Position Size

06:21

Today, the Hyperliquid team's address released 2.6 million HYPE from staking.

06:19

By 2025, investment institutions have poured nearly $25 billion into cryptocurrency companies, far exceeding market expectations

05:19

Yesterday the US Ethereum Spot ETF saw a net inflow of $76.6 million

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]