Odaily Planet Daily News: The crypto lending platform Ledn has reported that it processed $506 million in loan transactions in the third quarter, distributing $437.7 million in loans to institutional clients while loans to retail clients increased by 225% year-over-year, reaching $68.9 million. The surge in retail loans is attributed to the Celsius refinancing plan, the launch of cryptocurrency ETFs, and a period of reduced market volatility. Ledn has processed $1.67 billion in loans this year to date, with $258.7 million in retail loans and $1.41 billion in institutional loans. Since its establishment in 2018, Ledn has issued over $6.5 billion in loans to both retail and institutional markets. (CryptoSlate)