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Tether will deposit up to 50 million USD into Ledn
Tether is believed to have invested between $40 million and $50 million in Ledn in November, valuing this lending platform at approximately $500 million, according to sources familiar with the deal. Previously, Tether only announced this as a “strategic investment” without disclosing details.
Ledn provides fiat and stablecoin lending services backed by Bitcoin collateral, and also allows individuals and organizations to earn yields and manage digital assets. The company is registered in the Cayman Islands and shifted to a Bitcoin-focused model from May 2025.
The investment in Ledn continues to expand Tether’s M&A strategy, alongside acquiring control of the agricultural conglomerate Adecoagro and owning 10% of Juventus FC. In early 2026, Tether also added 8,888.88 BTC to its treasury, strengthening its position as one of the largest Bitcoin holders in the world.