Tech Company Financing Transactions

Ledn Funding Round

Ledn closed a $70 million Series B investment round on 12/17/2021. Backers included 10T Holdings, Ascendant BioCapital and CMT Digital Ventures.

Transaction Overview

Company Name
Announced On
12/17/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series B
Proceeds Purpose
Ledn will use this new capital to strengthen its balance sheet to support the rapid growth of its digital asset lending business, including its new Bitcoin-backed mortgage product.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
350 Bay St. 700
Toronto ON, M5H 2S6
Canada
Phone
Undisclosed
Email Address
Overview
Ledn provides financial products with a mission to help clients all across the world unlock the power of digital assets and build wealth for the long term. Operating in over 100 countries, Ledn offers interest-bearing savings accounts and bitcoin-backed loans, enabling clients to access dollars or additional bitcoin without selling their existing holdings.
Profile
Ledn LinkedIn Company Profile
Social Media
Ledn Company Twitter Account
Company News
Ledn News
Facebook
Ledn on Facebook
YouTube
Ledn on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Reeds
  Adam Reeds LinkedIn Profile  Adam Reeds Twitter Account  Adam Reeds News  Adam Reeds on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/17/2021: Nansen venture capital transaction
Next: 12/17/2021: Infarm venture capital transaction

 

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