Adam Reeds, CEO of Ledn, on Crypto Lending and Why Bitcoin Makes Great Collateral
Adam Reeds is the Co-Founder and CEO of Ledn, a global company regulated in the Cayman Islands that focuses on building financial products to help people save in bitcoin and digital assets. Prior to co-founding Ledn, Adam spent ten years at Dream Asset Management, where he developed, built, and financed a $1.5 billion portfolio of renewable power projects. It was Bitcoin's connection with the energy that brought Adam into Bitcoin mining, where he and his co-founder identified a gap in financing digital assets. Today, Ledn is a broad financial services platform with clients in over 130 countries. Adam is a graduate of the HBA program at the Richard Ivey School of Business and also holds a Bachelor of Engineering Science from the University of Western Ontario. In this conversation, we discuss: - Crypto loans vs. traditional loans - The future of crypto lending - Why Bitcoin Makes Great Collateral - How Ledn survived the lending crisis of 2022 - Ledn's new products (DCNs and Growth Accounts) - Investing in the energy sector - Bitcoin mining in Canada - Canada’s energy consumption