Ledn Receives VASP Regulatory Approval in the Cayman Islands

Ledn Newswire | May 9 2023

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.

View the original release --> here

The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org