Tether Invests in Crypto Lender Ledn at $500M Valuation: Report
According to reports, Tether, the stablecoin issuer, has invested up to $50 million in the crypto lender Ledn. The previously undisclosed investment valued Ledn at approximately $500 million, according to a person familiar with the transaction. The development highlights the continued investment and activity within the cryptocurrency lending space.
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