Skip to main content
Caplight Logo









Ledn

Ledn

Private
TorontoCrypto & Web3https://ledn.io

Last Round

Debt

Feb 19, 2026

Est. Valuation

$500M

Total Funding Raised

$386.8M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Ledn operates in Crypto & Web3 and is based in Toronto. Its latest recorded funding round was a Debt round in February 2026.

Ledn is a financial technology company that provides digital asset-based financial products, including Bitcoin-backed loans, savings accounts, and trading services.

Sector

Crypto & Web3

Verticals

Lending & Credit, Blockchain Infrastructure, Crypto Exchanges

Business Model

B2C

Customer Profile

Revenue Share, Payment Processing Fee

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

Book a demo

For institutional investors. Book with your work email.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

Book a demo

For institutional investors. Book with your work email.

Ledn Comparables

Compare Ledn with similar companies based on industry and business-model similarity.

Ledn comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Arch
81%
Nexo
81%
YouHodler
80%
Book a demo to see all comparables

For institutional investors. Book with your work email.

Ledn Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtFeb 19, 2026
StrategicNov 18, 2025
DebtAug 20, 2024
Series BDec 15, 2021
Series AMay 26, 2021
Seed
Feb 8, 2021
Book a demo to see all funding rounds

For institutional investors. Book with your work email.

Key People

Founding team and executive leadership

Adam Reeds

Co-Founder & CEO

Founding Team

Alex Marks

Chief Product Officer

Executive Team

For institutional investors. Book with your work email.

Ledn Investors

Notable investors and investment history

Ledn investors
InvestorRounds
50TSeries B
Ascendant Capital PartnersSeries B
Global Founders CapitalSeries B, Seed, Series A
White Star CapitalSeries B, Series A, Seed
Darrow HoldingsSeed
GoldenTree Asset ManagementSeries B
10T HoldingsSeries B
Book a demo to see all 19 investors

For institutional investors. Book with your work email.

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 19, 2026

    $188M raised in debt financing.

  • Aug 11, 2025

    Seeking FCA authorisation under new UK cryptoasset regime.

Book a demo to see all signals

For institutional investors. Book with your work email.

Ledn Filings

Explore SEC and related filing metadata, where available.

Ledn filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Book a demo

For institutional investors. Book with your work email.

Frequently Asked Questions

Common questions about Ledn's valuation, stock price, and market status.

Is Ledn a public or private company?

Ledn is a private company.

What is the current stock price of Ledn?

Ledn is a private company, so its shares have no public market price. Caplight tracks Ledn's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Ledn worth (valuation)?

Ledn's valuation is estimated at $500.0M based on funding round data.

Can I buy Ledn stock?

Ledn shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Ledn's last funding round?

Ledn's most recent funding round was Debt on February 19, 2026.

Who are the main investors in Ledn?

Key investors in Ledn include 50T, White Star Capital, 10T Holdings, Kingsway Capital, Koenigsweg Partners.

Will Ledn IPO soon?

No public IPO plans have been announced for Ledn.

How can I track Ledn secondary market activity?

Caplight tracks bids, offers, and trades in Ledn's shares on secondary markets.

Firmographic Details

HeadquartersToronto
Employee Range61
Year Founded2018
Last FundingFeb 19, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Book a demo

For institutional investors. Book with your work email.

See something wrong or outdated?