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Ledn

Ledn

Private
TorontoCrypto & Web3https://www.ledn.io/

Last Round

Debt

Feb 19, 2026

Est. Valuation

$500M

Total Funding Raised

$386.8M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Ledn is a financial technology company that provides digital asset-based financial products, including Bitcoin-backed loans, savings accounts, and trading services.

Sector

Crypto & Web3

Verticals

Lending & Credit, DeFi, Crypto Exchanges, Wealth Management

Business Model

B2C

Customer Profile

Revenue Share, Payment Processing Fee

AI Layer

Non-AI

Keywords

crypto lendingbitcoin-backed loanscrypto savings accountcollateralized lendingcrypto yieldTether GoldXAUTdigital asset exchangetokenized goldcrypto liquidityCeFicrypto bankcrypto collateraldigital asset lendingcrypto interest

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Ledn Comparables

Compare Ledn with similar companies based on industry and business-model similarity.

Ledn comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Arch
81%
Nexo
81%
YouHodler
80%

Ledn Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtFeb 19, 2026
StrategicNov 18, 2025
DebtAug 20, 2024
Series BDec 15, 2021
Series AMay 26, 2021
Seed
Feb 8, 2021

Key People

Founding team and executive leadership

Adam Reeds

Co-Founder CEO

Founding Team

Alex Marks

Chief Product Officer

Executive Team

Ledn Investors

Notable investors and investment history

Ledn investors
InvestorRounds
50TSeries B
Ascendant Capital PartnersSeries B
Global Founders CapitalSeries B, Seed, Series A
White Star CapitalSeries B, Series A, Seed
Global Founders CapitalSeries B, Seed, Series A
Darrow HoldingsSeed
GoldenTree Asset ManagementSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 19, 2026

    $188M raised in debt financing.

  • Aug 11, 2025

    Seeking FCA authorisation under new UK cryptoasset regime.

Ledn Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ledn Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Ledn's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range81
Year Founded2018
Last FundingFeb 19, 2026

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