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Liam Zhang

Tether invests $40–$50M in Ledn, valuing the Bitcoin lender at $500M

On January 9, Tether confirmed a strategic investment in Ledn, a Bitcoin-backed lender, with the deal reported at $40–$50M and valuing the company around $500M. The partnership aims to broaden Bitcoin-collateralized credit, support new products and markets, and improve USD₮ flows across Ledn’s fiat and stablecoin lending.