Dean Ennis

Dean Ennis

Ledn Drops Ethereum Support to Refocus on Fully Custodied Bitcoin Lending Amid Growing Market Demand
Cryptocurrency

Ledn Drops Ethereum Support to Refocus on Fully Custodied Bitcoin Lending Amid Growing Market Demand

Crypto lending platform Ledn is making a decisive strategic pivot, discontinuing Ethereum support and interest-bearing accounts to embrace a bitcoin-only, fully custodied lending model. The move underscores a broader industry recalibration following the volatility of 2022 and reflects rising competition in the bitcoin-collateralized loan space. Starting July 1, Ledn will
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