Lending is here to stay

Our industry just experienced its most significant crises ever. The events of this past year forced a stress test upon every industry player, especially major CeFi lenders, and many who positioned themselves as good, prudent actors ultimately failed.  

While the demise of some of the best-known lenders has understandably rocked confidence, these failures do not signal the death knell of CeFi. With the ongoing need for capital and the state of digital asset lending today, the need for strong CeFi lenders is greater than ever before. However, lessons from those who failed, and from those who survived like Ledn, must be learned.