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Ledn moves to full custody, a bitcoin-only loan model

According to online reports, digital asset lending institution Ledn announced today that it will comprehensively update its platform and stop any loan of customer assets for the purpose of generating interest. In the future, Ledn will only provide a managed Bitcoin loan structure, under which customers 'Bitcoin collateral will be fully managed with Ledn or one of its trusted financing partners. As part of this strategic shift, Ledn will also stop supporting ETH and double down on Bitcoin as its only digital asset focus.

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