BTCBTC$80,621+0.52%|
ETHETH$2,349.8+1.12%|
USDTUSDT$0.99895+0.00%|
BNB$750.1700+0.78%|
XRPXRP$1.3200+1.74%|
USDCUSDC$0.99945+0.00%|
SOLSOL$101.0000-0.30%|
TRXTRX$0.32790-0.83%|
FIGR_HELOCFIGR_HELOC$1.0310-1.09%|
ZECZEC$1,306.93+4.83%|
HYPEHYPE$80.5400+0.70%|
DOGEDOGE$0.07828+0.93%|
XMRXMR$600.0100+1.07%|
USDSUSDS$0.99988-0.01%|
WBTWBT$77.5000+0.58%|
LINKLINK$11.4700-0.20%|
LEOLEO$9.0300+0.48%|
ADAADA$0.20508-0.78%|
NEARNEAR$4.6000+1.84%|
XLMXLM$0.16949+0.16%|
BCHBCH$292.3600+3.98%|
RAINRAIN$0.00720025-9.71%|
USDEUSDE$0.99926+0.01%|
DAIDAI$0.99987-0.01%|
UNIUNI$7.1200+0.27%|
LTCLTC$56.6400-0.25%|
CCCC$0.09933-0.70%|
AVAXAVAX$8.8500-1.38%|
USD1USD1$0.99893+0.00%|
SUISUI$0.92380+0.56%|
BTCBTC$80,621+0.52%|
ETHETH$2,349.8+1.12%|
USDTUSDT$0.99895+0.00%|
BNBBNB$750.1700+0.78%|
XRPXRP$1.3200+1.74%|
USDCUSDC$0.99945+0.00%|
SOLSOL$101.0000-0.30%|
TRXTRX$0.32790-0.83%|
FIGR_HELOCFIGR_HELOC$1.0310-1.09%|
ZECZEC$1,306.93+4.83%|
HYPEHYPE$80.5400+0.70%|
DOGEDOGE$0.07828+0.93%|
XMRXMR$600.0100+1.07%|
USDSUSDS$0.99988-0.01%|
WBTWBT$77.5000+0.58%|
LINKLINK$11.4700-0.20%|
LEOLEO$9.0300+0.48%|
ADAADA$0.20508-0.78%|
NEARNEAR$4.6000+1.84%|
XLMXLM$0.16949+0.16%|
BCHBCH$292.3600+3.98%|
RAINRAIN$0.00720025-9.71%|
USDEUSDE$0.99926+0.01%|
DAIDAI$0.99987-0.01%|
UNIUNI$7.1200+0.27%|
LTCLTC$56.6400-0.25%|
CCCC$0.09933-0.70%|
AVAXAVAX$8.8500-1.38%|
USD1USD1$0.99893+0.00%|
SUISUI$0.92380+0.56%|
Adam Reeds

Adam Reeds

Co-Founder & CEO of Ledn, Ledn

Personal website

Bio

Adam Reeds is the Co-Founder and CEO of Ledn, a centralized crypto lending company focused on Bitcoin-backed financial products. Co-founded in 2018 alongside Mauricio Di Bartolomeo, Ledn was built to give Bitcoin holders access to liquidity without requiring them to sell their holdings. The platform allows users to use Bitcoin as collateral for cash loans, and has expanded to offer savings accounts and institutional lending products.

Before entering the crypto industry, Reeds built his career in renewable energy development and finance. He studied Engineering at Western University and completed an Honours Business Administration (HBA) degree from the Ivey Business School — exact degree names and graduation years should be verified from official sources. He also held roles related to renewable energy project finance, which informed his understanding of asset-backed financing structures that Ledn now applies to Bitcoin.

Under Reeds' leadership, Ledn has distinguished itself through a commitment to financial transparency: the company was among the first crypto lenders to publish regular Proof of Reserves and Open Book reports, disclosing loan books and collateral positions. Ledn received a strategic investment from Tether and has maintained operations while many centralized crypto lenders experienced distress during the 2022–2023 market downturn.

In 2025–2026, Ledn has continued to expand its institutional product suite and refine its collateral management approach. It is important to note that Ledn is a centralized lending company, not a DeFi protocol; its products involve custodial arrangements and carry platform risk distinct from non-custodial alternatives.

Profile at a glance

Country
Canada
Status
Active

Work & Project Background

  • Ledn

    Co-founder

Key Contributions

Bitcoin-Backed Lending

Co-founded Ledn as one of the early dedicated Bitcoin-collateralized lending platforms, providing liquidity to BTC holders without requiring asset sales.

Open Book Transparency

Introduced regular loan-book and proof-of-reserves disclosures, setting a transparency benchmark for centralized crypto lending platforms at a time when industry opacity was the norm.

B2X Loan Product

Developed the B2X loan structure, allowing users to borrow BTC against BTC collateral, enabling leveraged Bitcoin accumulation without converting to fiat.

Institutional Lending Infrastructure

Built institutional-grade custody and collateral management systems, expanding Ledn's offering beyond retail to serve professional and institutional clients.

Resilience During Market Stress

Maintained platform operations and client access to funds during the severe crypto credit crises of 2022–2023, distinguishing Ledn from competitors that halted withdrawals or failed.

Timeline

Education
Engineering studies, Western University; HBA, Ivey Business School
Pre-2018
Career in renewable energy development and project finance; roles associated with Dream-related organizations (verify specific titles from official sources)
2018
Co-founded Ledn with Mauricio Di Bartolomeo; launched Bitcoin-backed loan product
2019
Ledn launched savings accounts for retail clients
2021
Ledn raised Series A and Series B funding; expanded user base globally
2022
Ledn navigated crypto market downturn without halting withdrawals; published first Open Book report
2023
Tether strategic investment in Ledn; expanded B2X (Bitcoin to Bitcoin) loan products
2025–2026
Continued expansion of institutional products and proof-of-reserves / transparency disclosures; ongoing jurisdiction availability review