Stablecoin issuer expands strategic holdings in crypto financial services and bitcoin
Tether, the issuer of the largest dollar-pegged stablecoin USDT, has invested between $40 million and $50 million in Ledn, a crypto lender offering fiat and stablecoin loans backed by bitcoin collateral. The transaction values Ledn at approximately $500 million, marking another step in Tether’s growing strategy of acquisitions and strategic investments.
The November 2025 investment gives Tether a stake in Ledn, a platform enabling both retail and institutional users to borrow, earn yield, and manage digital assets. Ledn, registered in the Cayman Islands, recently shifted to a bitcoin-only lending model, simplifying its offerings and focusing on core crypto services. FT Partners served as financial adviser on the deal.
Under CEO Paolo Ardoino, Tether has increasingly diversified beyond its stablecoin operations. The company earned a nine-month profit of $10 billion in 2025 and has systematically allocated part of its profits to bitcoin accumulation, adding 8,888.88 BTC to its treasury early in 2026.
Tether’s acquisitions also include control of agribusiness Adecoagro in South America and a 10% stake in Juventus, reflecting a broader strategy of leveraging crypto profits into high-value assets across industries.
The Ledn investment underscores Tether’s goal to strengthen its presence in crypto financial services while expanding its bitcoin holdings, positioning the stablecoin issuer as a major institutional player in both digital and traditional asset markets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.