Ledn raises $30 million. Discussing the project?
Our regular readers know that we regularly talk about the most interesting and potentially profitable projects in the digital industry. After all, only with an understanding of the current agenda, only knowing the names of growing projects, can you successfully invest your own funds. That is why today we will tell you about a fairly young, but extremely ambitious and already commercially successful project Ledn. This Canadian platform has raised $ 30 million today from serious partners. So she definitely deserves our very close attention. So, without further ado, let’s get down to the discussion.
What does the organization do?
First, according to good tradition, we will discuss the specifics of the company’s activities. This is a modern analogue of the banking system. But, of course, built around cryptocurrencies and in accordance with all the rules of the current cryptoindustry. The company is engaged in placing digital funds on its own accounts at interest, providing loans secured by a stock of Bitcoins. This is a serious company with a rather daring kind of work. After all, as you know, many members of the community are against such activities. Indeed, working with a kind of analogue of the classical banking system contradicts the principle of decentralization and independence. However, it is imperative to face the truth. Real market conditions force young developers to borrow funds to develop their own projects. Miners need money to upgrade their hardware and Ledn can help.
The organization has established itself as a reliable company with an unconditional reputation. In addition, its business partners say a lot about the status of the organization. Just look at those who took part in today’s round of investments. The fundraiser was spearheaded by Kingsway Capital, which probably needs no introduction. This company is known all over the world. As well as Coinbase Ventures, ParaFi Capital. There are also enough individual investors. One of the founders of the Reddit platform invested in the project, and funds also came from Alan Howard. The total investment amounted to $ 30 million, and this is only for today. How will the company manage the money received and is it worth starting a joint work with the project? Let’s figure it out.
What does the future hold for Ledn?
At the moment, the position of the organization inspires strong confidence in the unconditional success of the company. At the current second, the capitalization of the enterprise already exceeds $ 1 billion and continues to grow. The audience of the project is located in 105 countries, but the organization is not going to stop there. The received $ 30 million will start the development of new markets, the refinement of the services provided and the increase in salaries of employees. In general, funds are distributed as accurately as possible.
This also confirms the status of the enterprise. We have no doubt that the work Ledn is doing will bring the company even more prominence in the future. So if you’ve been looking for a project to invest in for a long time, Ledn is potentially a good solution. But don’t just take our word for it. We always urge you to independently evaluate the company and only then make a decision to start working together. And even such an uncompromising project will not be an exception.
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