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.

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.