This change is being made with the goal to better protect client assets by no longer re-lending loan collateral.
Moving exclusively to Custodied Loans gives clients a clearer, simpler and more secure borrowing experience, at the most competitive rates in the market.
- New Standard Loans: As of July 1 2025, Ledn will no longer offer new Standard loan originations. Ledn will continue to offer Custodied loans across bitcoin-backed loans and B2X loans, where available.
- Existing Standard Loans: Upon an automatic renewal or refinancing of an existing Standard loan after July 1, 2025, existing Standard loans will be renewed or refinanced as a Custodied loan with the interest rate applicable to Custodied loans at that time. Current loan rates can be found at https://platform.ledn.io/loans.