Ledn’s Growth Goes Parabolic as Crypto Lending Demand Skyrockets
Another day, another crypto firm ’exploding’—this time it’s Ledn, whose execs claim demand is surging faster than a DeFi yield farm in 2021. Who needs traditional banks when you can get 8% on your BTC while Wall Street pays 0.5%?
Behind the hype: Institutional players are piling into crypto-backed loans, turning Ledn into the industry’s accidental poster child. Just don’t ask about their risk management when Bitcoin drops 20% in a day.
The real story? Crypto’s lending sector is quietly eating traditional finance’s lunch—one overcollateralized loan at a time.