Reported 2 months ago
Ledn is addressing the challenges that bitcoin holders face in accessing the value of their assets without selling them, following the collapse of several crypto lending platforms in 2022. By allowing users to take out loans backed by bitcoin, Ledn enables them to unlock liquidity while still maintaining the potential for appreciation in their cryptocurrency. The company has gained traction among traditional banks and now offers flexible loan options, making it a pioneer in the crypto lending space despite the inherent risks present in this market.
Source: YAHOO