Ledn

Toronto, Canada Founded: 2018 • Age: 8 yrs Minicorn
Blockchain-based loans secured by Bitcoin are provided by Ledn.

About Ledn

Ledn is a company based in Toronto (Canada) founded in 2018. Ledn has raised $104.25 million across 7 funding rounds from investors including Coinbase, Sygnum and GoldenTree. Ledn has completed 1 acquisition, including Arxnovum Investments. Ledn offers products and services including Growth Account, Dollar Loans, and B2X Trade. Ledn operates in a competitive market with competitors including APX Lending, Qoda, Macmonet and MiltonFi, among others.

  • Headquarter Toronto, Canada
  • Stage Minicorn
  • Sectors
    Financial Services
  • Website category Finance
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ledn.io
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ledn Cayman Sezc Inc.
Key Metrics

Products & Services of Ledn

Ledn offers a comprehensive portfolio of products and services, including Growth Account, Dollar Loans, and B2X Trade.

Growth Account
Savings Platform

Earn up to 2.25% APY on idle Bitcoin holdings.

Dollar Loans
Borrowing Service

Access liquidity against Bitcoin without selling assets.

B2X Trade
Trading Platform

Facilitate digital asset trading and exchanges securely.

Funding Insights of Ledn

Ledn has successfully raised a total of $104.25M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $104.25M
  • Total Rounds 7
  • First Round $1.55M

    (Sep 2018)

  • Investors Count 24

All 7 funding rounds of Ledn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2025–Series B––
Aug 2024$50MDebt – Conventional––
Dec 2021$70MSeries B$540M10T
May 2021$30MSeries A–Kingsway Capital
Feb 2021$2.7MSeed–White Star Capital
Oct 2019–Debt – Conventional––
Sep 2018$1.55MSeed–Andrew Clark
–
Valuation history
DateValuationStage
Dec 2021$540Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $540M (Dec 2021). 24 investors in total: 20 institutional and 4 angel.

Investors in Ledn

Ledn has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Coinbase, Sygnum and GoldenTree.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment and strategic support are provided by Raptor Group.
–raptorgroup.comBoston, United States
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
–whitestarcapital.com-
Kingsway Capital is engaged in providing investment management services.
–kingswaycap.comLondon, United Kingdom
Venture capital fund focused on crypto-assets
–hashed.comSeoul, South Korea
Investments are focused on crypto and tech companies by ParaFi.
2018parafi.comGreenwich, United States
Early-stage blockchain technology companies are invested in by the firm.
–cmt.digitalChicago, United States
Growth equity investments are provided for software and information services.
2006spcglobal.comBala Cynwyd, USA
Venture capital firm focused on early-stage startups
–globalfounderscapital.comBerlin, Germany
Private equity firm
–sgep.comBala Cynwyd, United States
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Investor details for Ledn

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Ledn

21 people are tracked at Ledn (14 in leadership, 1 in board & advisors, 6 in team).

NameRoleGroup
Kenneth Ng
Chief Legal OfficerLeadership
Adam J. Reeds
Co-Founder & CEOLeadership
Mauricio Di Bartolomeo
Co-Founder & CSOLeadership
Mina Botrous
CTOLeadership
Carlos Ng
VP, OperationsLeadership
Joanna Halligan
Chief People OfficerLeadership
John Glover
Chief Investment OfficerLeadership
Sharda Kiss
Director, Human Resources OperationsLeadership
Alex Marks
Chief Product OfficerLeadership
Sara Tsang
Head Of FinanceLeadership
Shan Lu
Director Of FinanceLeadership
Kevin Vecmanis
Chief Technology OfficerLeadership
Carlos N.
Chief Treasury Officer At LednLeadership
Elina Papapostolou
Director - Capital MarketsLeadership
Jean-Philippe Vergne
AdvisorBoard & advisors
Roberto Ng
Operations AnalystTeam
David Y.
Technology And SecurityTeam
Jasser Rayas
Legal CounselTeam
Ali Alnuaimi
Senior AdvisorTeam
Jp Vergne
AdvisorTeam

1 more people are available in the full profile.

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Complete people profiles for Ledn

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Ledn

Ledn has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arxnovum Investments.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Risk in cryptocurrency investments is assessed via institutional methods.
arxnovum.comToronto, Canada2021Oct 2022β€’β€’β€’β€’
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Complete acquisition details for Ledn

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Ledn

5 dated milestones of Ledn across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ledn is founded.
  2. Funding First funding round of $1.6M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Arxnovum Investments.
  5. Funding Latest funding round, Series B,.

Competitors of Ledn

Ledn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as APX Lending, Qoda, Macmonet and MiltonFi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
apxlending.com2023Canada––
Digital platform offering cryptocurrency loans
qoda.fi2022Moonbeam, Canada––
Crypto assets are lent and borrowed on the Moonbeam network.
macmonet.com2019Markham, Canada––
Operates an online peer-to-peer marketplace for cryptocurrency loans.
miltonfi.io2021Montreal, Canada––
Provides comprehensive crypto-based financing solutions for real estate.
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Detailed competitors of Ledn

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Ledn

The website of Ledn (ledn.io) receives about 276.7K visits a month and ranks #148,968 among all websites worldwide, #9,258 in Finance.

  • Monthly visits
    276.7K

    ▼ 15.5% vs previous month

  • Unique visitors
    131K

    per month

  • Global rank
    #148,968

    among all websites

  • Category rank
    #9,258

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Ledn. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
coinrabbit.io
100%
28K#1,065,223View details
nebeus.com
100%
36.2K#895,578View details
coindepo.com
coindepo.com
100%
–#262,448–
icoholder.com
icoholder.com
100%
–#534,511–
liquity.org
100%
12.8K#2,023,788View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 29 similar websites and full traffic analytics for Ledn

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 29 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Ledn

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Complete news archive for Ledn

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Ledn

10 companies that operate in the same segment as Ledn (Cryptocurrencies), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cross-border cryptocurrency payments for businesses are enabled through APIs.
2013Boston, Massachusetts, United StatesUSD 1.51 BUSD 2.75 B–
Online exchange platform for cryptocurrency
2017Ta Xbiex, MaltaUSD 2.02 B––
App-based platform for exchange and trading solutions for cryptocurrency
2011London, England, United KingdomUSD 700 M––
Terraform Labs is engaged in blockchain technology development.
2018Singapore, SingaporeUSD 57 M––
Ledger is recognized for providing secure cryptocurrency hardware wallets.
2014Paris, FranceUSD 575.4 M––
App-based wallet and exchange platform for cross-border money transfers
2013London, England, United KingdomUSD 73.36 M––
Cryptocurrency trading, storage, and exchange services are offered online.
2012San Francisco, California, United StatesUSD 546.62 MUSD 7.18 B3,770
Cryptocurrencies are traded and exchanged through an online platform.
2014Mexico City, MexicoUSD 331.35 M––
Decentralized exchange platform for cryptocurrency trading is operated.
2018New York, New York, United StatesUSD 176 M–85
Mobile app for storing and trading cryptocurrencies is utilized.
2013London, England, United KingdomUSD 13 M––
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Frequently Asked Questions about Ledn

Ledn was founded in 2018.

Ledn is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Ledn is a funded company, having raised a total of $104.25M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.55M, raised on Sep 2018.

Ledn was founded in 2018 in Toronto, Canada, as a platform in the cryptocurrency lending sector. Loans backed by Bitcoin are offered, with segregated wallet addresses provided for on-chain proof of reserves in real time. Repayment options include Dollars or Bitcoin. Loan-to-value ratios are calculated using the Coindesk Bitcoin price index to manage risk in operations.

Ledn's top competitors include APX Lending, Qoda and Macmonet.

Ledn offers Growth Account, Dollar Loans, and B2X Trade.

Ledn has made 1 acquisition, including Arxnovum Investments.

Ledn has 24 investors. Key investors include Coinbase, Sygnum, GoldenTree, FJ Labs, and ParaFi.

The valuation of Ledn is $540M as of Dec 2021.

Ledn operates through Ledn Cayman Sezc Inc..

The website of Ledn receives about 277 thousand visits a month and ranks #148,968 among all websites worldwide.

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