Ledn Inc.

Ledn Inc.

Ledn Inc. was founded in 2017 in Toronto by Adam Reeds and Mauricio Di Bartolomeo, both previously involved in digital asset trading. The firm was built as a regulated lending platform, initially focused on bitcoin-backed loans for retail holders who wanted liquidity without selling their crypto. The firm operates across private credit and digital assets, originating loans collateralized by bitcoin and other cryptocurrencies. Ledn's product line includes crypto-backed loans, a bitcoin savings account yielding interest, and institutional lending services. Its client base spans North America, Latin America, and Europe. Confirmed partners include BitGo as custodian and Fireblocks for asset security (per Ledn, 2023). In 2024, Ledn launched a tokenized treasury product in collaboration with Securitize (per CoinDesk, April 2024). Ledn has processed over $5 billion in loan originations since inception (per the firm, 2025). The firm employs around 60 people (per public record, 2024). It maintains an office in Toronto. Ledn did not suffer material losses during the 2022 credit event that felled Celsius, BlockFi, and Genesis; it remained operational throughout (per Bloomberg, 2023). Ledn's structural differentiator is its underwriting discipline — it only lends against bitcoin and a select set of liquid digital assets, avoiding more volatile tokens. The firm uses a combination of automated risk engines and third-party custodian segregation, aiming to isolate client assets from corporate balance-sheet risk. It reports under Canadian securities law, a regulatory posture rare among crypto lenders.