Tether is investing in the growth of the Ledn lending platform, which provides loans secured by Bitcoin. The strategic goal of this initiative is to support the strengthening of Bitcoin’s financial infrastructure.
Tether announced a strategic investment in the Ledn platform, one of the global leaders in consumer lending backed by Bitcoin. The investment aims to accelerate the growth of the crypto lending segment and reinforce its infrastructure, as well as expand access to loans secured by digital assets without the need to sell them.
Moreover, the development of Ledn’s infrastructure opens new opportunities for Tether to expand the use of its assets in new markets.
The press release notes that Ledn continues to show strong development dynamics. Since its founding, the company issued over $2.8 billion in BTC-backed loans, more than $1 billion of which came in 2025, marking a record result. In Q3 2025, loan volumes reached $392 million, nearly matching the total for all of 2024. Ledn’s annual recurring revenue (ARR) exceeded $100 million, confirming the rising demand for secure crypto lending products.
According to a forecast by Data Intelo, the global market for crypto-collateralized lending will grow from $7.8 billion in 2024 to over $60 billion by 2033. Rapid expansion is driven by the need of both retail and corporate clients for alternative sources of liquidity without having to sell digital assets. Ledn, with its advanced custody system, risk assessment tools, and collateral liquidation mechanisms, has the potential to further expand at both the retail and institutional levels.
Tether CEO Paolo Ardoino emphasized that the investment reflects the company’s commitment to strengthening financial infrastructure that provides users with access to loans secured by digital assets. According to him, this solution enhances self-custody and the financial resilience of crypto holders.
Ledn Co-Founder and CEO Adam Reeds noted that the company’s loan portfolio in 2025 may nearly triple compared to 2024 levels, confirming the correctness of its strategic focus on Bitcoin. The partnership with Tether, he said, will give Ledn additional opportunities to grow and reinforce its market leadership.
The U.S. federally chartered bank Anchorage Digital, together with the Mezo platform, announced just recently the launch of services for issuing Bitcoin-backed loans and offering yield-generating BTC deposits.
