Why lending platform Ledn will always be Bitcoin first

Why lending platform Ledn will always be Bitcoin first

The following is a guest post from Christina Comben.
If you’ve been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn’t crash and burn in the aftermath of Terra/LUNA, FTX, et al in 2022. Ledn’s more conservative approach to spending, scaling, and risk management enabled it to weather one of crypto’s largest sh*tstorms with notable aplomb.
That didn’t stop the industry from tarring the company with the same brush as its shady counterparts.
“Every crypto business was on fire in 2021,” recalls Ledn co-founder and CEO Adam Reeds, “then we went through this very tough period and had to work really, really hard to tell clients what we were doing differently and how things were working.”
One of the main contributors to Ledn’s staying power is a deep commitment to transparency with users. Ledn was the first digital asset lending company to complete a Proof-of-Reserv

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