Crypto lending platform Ledn transitions to Bitcoin-only loan model, discontinuing ETH and growth accounts

Effective July 1, 2025, Ledn will transition to a Bitcoin-only loan model, discontinuing ethereum loan support. This strategic shift emphasizes the platform’s dedication to client security and simplicity in financial services.

The retirement of BTC and ETH Growth Accounts aims to reduce risk exposure for clients. Ledn prioritizes safeguarding user assets by ensuring no additional risks are taken through institutional lending.

With the changes, users will benefit from enhanced control over collateral and competitive loan rates. Notably, the Custodied loan rates will decrease to 12.9% APR from the previous 14.9% APR.

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