Last updated:
April 18, 2023

Ledn's latest Proof of Reserve Attestation

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Ledn is committed to building trust through transparency for our clients

Market events in recent months have brought Proof of Reserves into the limelight again. Mandating a Proof of Reserves attestation to build a culture of self-regulation within the industry has been at the heart of the conversations on transparency.

We were an early champion of wide-spread adoption of the Proof of Reserves. In 2021, Ledn became the first digital asset lender to undergo a Proof of Reserves attestation with a Certified Public Accountant.

Ledn completed its fifth Proof of Reserves attestation as of March 31, 2023. The results are now available for our clients to view.

Ledn’s Proof of Reserves allows clients to check whether Ledn’s assets exceed its liabilities. In addition, our periodic attestation lets clients track and verify on an individual level whether their balances are correctly accounted for on the date specified on the report, in this case, March 31, 2023 at 11:59 PM EDT. 

If you have any questions, please contact support@ledn.io

Best,

Adam Reeds

CEO, Ledn Inc.

 

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