Tether, the largest digital asset company and issuer of USDT stablecoin, made a strategic investment in Ledn, one of the global market leaders in consumer bitcoin-backed loans. The financial terms were not disclosed.

The partnership is expected to strengthen Ledn's capacity to expand its offering and accelerate entry into new international markets while enhancing efficiency in USDT flows for clients.

Financial Technology Partners served as Ledn's exclusive financial and strategic advisor on the transaction.

Appleby represented Tether on the investment, while McCarthy Tétrault LLP acted as Canadian counsel to Ledn.