Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data

Bitcoin MagazineDecember 18, 2025

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Bitcoin Magazine Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data With $868 million in BTC-backed loans secured by 18,488 BTC held 100% in custody and an average LTV of 55%, Ledn establishes a repeatable transparency benchmark. This post Ledn Publishes Industry-First Monthly Loan Book and Proof of Reserves Data first appeared on Bitcoin Magazine and is written by Juan Galt.

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