🚀 Crypto lending platform Ledn had a strong third quarter, processing a total of $506 million in loan transactions! Of this, $437.7 million in loans were issued to institutional clients, while retail loans surged 225% year-on-year to $68.9 million. The growth in retail loans was driven by the Celsius refinancing program, the launch of cryptocurrency ETFs, and reduced market volatility. 💡

Ledn has processed $1.67 billion in loans so far this year, with $258.7 million and $1.41 billion in retail and institutional markets, respectively. Since its founding in 2018, Ledn has issued more than $6.5 billion in loans. What do you think of this growth trend? Welcome to discuss in the comments section!