Tether has made a strategic investment in Ledn, a leading provider of bitcoin-backed consumer loans, in a move aimed at expanding access to credit secured by digital assets, the company said in an emailed announcement on Tuesday.
The size of the investment has not been disclosed. Tether declined to provide further details when contacted by CoinDesk.
The investment is part of Tether’s push to support real-world financial services built on digital asset rails. Bitcoin-backed loans allow users to access liquidity without selling BTC to unlock short-term capital.
Ledn survived a cryptocurrency-backed lending sector rout in 2022, which saw companies like BlockFi, Voyager, Celsius, and Genesis collapse.
The Cayman Islands-registered company has simplified its service, following a unique bitcoin model to simplify its offering and sharpen its focus.
Ledn, which has generated more than $2.8 billion in BTC-backed loans since its launch, is on track for its strongest year yet. More than $1 billion in loans were issued in 2025, including $392 million in the third quarter, nearly matching the company’s total volume in 2024.
Tether CEO Paolo Ardoino said the investment reflects a commitment to financial empowerment through self-custody credit.
