According to Foresight News, according to CoinDesk, the crypto lending platform Ledn said that the company processed more than $1.16 billion in digital asset loans in the first half of 2024, of which institutional customer loans accounted for $969 million. In terms of demographics, North American retail loans reached $17.6 million in the second quarter, ranking first; Latin American retail customers ranked second. The company pointed out that more and more customers are using digital asset-backed loans for tax reasons, because borrowing with cryptocurrencies as collateral is usually tax-free.
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Crypto lending institution Ledn issued loans worth $1.16 billion in the first half of the year, and institutional loans amounted to $969 million
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