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Ledn Receives VASP Regulatory Approval in the Cayman Islands

Ledn Newswire | May 9 2023

Ledn Adam and Mauricio - Ledn Receives VASP Regulatory Approval in the Cayman Islands

Ledn Inc. ("Ledn"), a global financial services provider for digital assets, has announced that it has received registration and regulatory approval as a Virtual Asset Service Provider (VASP) from the Cayman Islands Monetary Authority (CIMA).

  • Ledn, a leading financial technology company, recently announced its regulatory approval in a respected international financial services hub.
  • Kenneth Ng, Ledn's Chief Legal Officer, highlighted the company's dedication to serving clients' needs while adhering to the highest regulatory standards. Ledn sees this approval as a crucial milestone as they continue expanding globally and introducing innovative products and services to their growing client base.

See:  Ledn to acquire Arxnovum Investments, a fully-registered, Canadian digital asset investment manager

  • Ledn offers savings accounts and loans to clients in over 130 countries, with a focus on providing digital asset-based products that help individuals build long-term wealth. The company, which offers a range of digital asset financial products and services, including Bitcoin-backed loans and digital asset savings accounts, will soon service its global client base through its regulated VASP subsidiary under the supervision of CIMA.
  • For more information about Ledn and its services, visit their website at www.ledn.io.

Adam Reeds, Ledn, co-founder and CEO:

We are very pleased to have obtained regulatory approval in a well-respected international financial services hub, which is further testament to what we have been carefully building at Ledn, especially during a period when many of our industry peers are faltering.

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