Emerging and High Growth Companies

Ledn in its US$30 million Series A financing round

Ledn
Key Contact
André Perey

Partner, Emerging and High Growth Companies, Toronto

Team
Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

 

On May 26, 2021, Ledn completed its US$30 million Series A funding round led by UK-based hedge fund Kingsway Capital, with participation from new investors such as crypto venture fund Hashed, Susquehanna Private Equity Investments, and ParaFi Capital. The funding will be used to strengthen Ledn’s global presence, grow its new trading feature and expand its team in order to achieve the company’s growth goals.

Ledn is a Toronto-based financial services firm focused on providing clients with access to digital assets including Bitcoin-backed loans.

Osler, Hoskin & Harcourt LLP advised Ledn with a team consisting of Andre Perey, Michael Grantmyre, Horatiu Porime and Sahil Chopra (Emerging and High Growth Companies).

Value
US$30 million
Date Closed
May 26, 2021
Lead Office
Toronto
Key Contact
André Perey

Partner, Emerging and High Growth Companies, Toronto

Team
Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary