Crypto lending platform Ledn processed 690 million in cryptocurrency loans in the first quarter
Crypto lending platform Ledn reported that it provided more than $690 million in cryptocurrency loans in the first quarter, a record since launching in 2018. Ledn has processed $584 million in loans for institutions and more than $100 million in loans for the retail industry. Institutional loans increased nearly fourfold compared with the $125.7 million disbursed in the fourth quarter of 2023, while loans to retail increased approximately sevenfold from the $14.6 million issued in the previous quarter.
Release time
2024-05-09 10:11:17