Tether has reportedly invested up to $50 million in the crypto lending platform Ledn, valuing the company at $500 million. This investment marks a significant move by Tether, known for its stablecoin USDT, into the crypto lending space. The deal highlights Tether's ongoing strategy to expand its influence and operations within the cryptocurrency ecosystem.
Tether Invests $50 Million in Crypto Lender Ledn at $500 Million Valuation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
