Private company · employee equity guide
What is Ledn stock worth?
Ledn is a financial services company built for Bitcoin & digital assets, offering a suite of lending products and services to digital asset holders in over 130 countries.The company underwrote Canada’s first-ever Bitcoin-backed loan in 2018, and most recently announced the world’s first bitcoin-backed mortgage. Read our Legal Disclaimers: https://ledn.io/legal/en/legal-disclaimers
Estimated share price
Ledn has an observed estimated price: most recent data 2026-09-13, daily history back to 2025-10-18.
Estimated from live trades and accepted bids across employer liquidity programs, institutional trades, broker trades, and pre-IPO marketplaces. Private shares are illiquid and transfer-restricted; estimates are educational, not an offer or advice. The preview above is blurred and illustrative. How this is calculated
About Ledn
- Employees
- 83
- Founded
- 2018
- Industry
- Financial Services
- Website
- ledn.io
Weighing a Ledn offer?
Upload the offer letter to see what the equity is approximately worth at today's estimated price. No account needed.
X-ray an offerLeaving Ledn? Mind the window.
If you hold options, leaving usually starts a post-termination exercise clock, often 90 days. Miss it and vested options can expire worthless; exercise blindly and you may owe real money (including possible AMT) on shares you can't yet sell. Neither panic nor autopilot is a plan. Knowing your window, your exercise cost, and the current estimated price is.
Ledn in the last 12 months
- 1 funding round
- 1 partnership or customer win
Covered by 9 distinct publications since 2025-08-27.
Ledn news timeline
- Tether Partners With Ledn to Launch XAUT-Backed Gold Loans2026-06-29Partnership or customer wincoingape.com
- Ledn raises $188m with first BTC backed bond sale in asset backed market2026-02-19Funding roundcoindesk.com
- Tether's $20 billion mountain of gold2026-07-13cryptoslate.com
- Tether brings $23B gold push into crypto-backed loans2026-06-28crypto.news
- Tether puts $23 billion gold stockpile to work2026-06-27coindesk.com
- Cryptocurrency News: BTC Could Hit New Highs, But Pepeto Presale Is the Real Opportunity2026-05-26techbullion.com
- Bitcoin-Backed Loans Could Hit $1 Trillion, Ledn Says2026-05-19bitcoinmagazine.com
- BTC lenders say institutions want crypto credit to look more like TradFi2026-05-07coindesk.com
- Netflix Censored Bitcoin Sponsors On Boxer Trunks During Jake Paul Vs Anthony Joshua Broadcast2026-03-10bitcoinmagazine.com
- Bitcoin-Backed Bonds Facing Stress Test After Bitcoin Selloff, S&P Says2026-02-26activistpost.com
- Backed ABS Deal Enters US Bond Market2026-02-19cointelegraph.com
- Backed Bonds In Unprecedented Deal2026-02-18bitcoinmagazine.com
Ledn equity, answered plainly
Is Ledn a public company?
No. Ledn is privately held, which is exactly why its share price doesn't show up in your brokerage app. The company (founded in 2018, operating in financial services, with roughly 83 employees) remains private even at that scale. Its shares still change hands between eligible buyers and sellers on the secondary market, producing an observable estimated price.
What is Ledn's stock price?
Ledn has an observed estimated share price from secondary-market activity, updated as new data is observed. Its observed price history runs back to 2025-10-18. ExitCue members see the current estimate and its full history free, along with what their own grants are approximately worth at that price.
Can you sell Ledn stock before an IPO?
Sometimes. Private-share sales depend on Ledn's transfer restrictions, rights of first refusal, and whether the company runs tender offers or permits secondary sales. Your grant documents and the company's policies govern, but "hard to sell today" is not the same as "worth zero."
What happens to my Ledn options if I leave?
Most option grants have a post-termination exercise window, commonly 90 days, sometimes longer, after which unexercised options expire worthless. The exact terms are in your grant documents. ExitCue reads those documents, tracks the deadline, and reminds you before the window closes.
How much is my Ledn equity worth?
Multiply what you hold by the estimated share price, separating vested from unvested, and netting out strike prices for options. That's precisely the arithmetic ExitCue does for you, continuously, at the current observed estimate. It's an educational estimate, not a guarantee, and a far better anchor than the $0 the internet suggests.
What's the difference between Ledn's 409A valuation and what its shares trade at?
The 409A is a tax-compliance appraisal, usually conservative, used to set option strike prices. Secondary-market pricing reflects what buyers and sellers actually agree to. The two frequently differ, which is why evaluating an offer on the 409A alone undersells (or oversells) it.
When will Ledn IPO?
Unless Ledn has publicly announced a listing, nobody knows, including the people who sound confident on forums. The practical upside of secondary markets is that you don't have to wait for an IPO to know approximately what the shares trade at.
Do my unvested Ledn RSUs count for anything?
Unvested equity isn't yours yet, but it has an estimable value and a schedule. Seeing vested and unvested value separately, in dollars at the current estimated price, turns "some RSUs" into a number you can plan around.
General educational information, not advice about your specific situation. Grant terms vary; your documents govern.
Work out what your Ledn equity is worth
These calculators take your own numbers and need no account.
- Option exercise costShares times strike: what exercising would cost, plus the estimated spread from your own value estimate.
- Vesting scheduleYour upcoming vest dates and cumulative vested shares from your start date, cliff, length, and frequency.
- Private stock scenarioEstimated value of your equity at low, mid, and high per-share scenarios you choose yourself.
New to this? Learn explains grant types, vesting and cliffs, and where an estimated share price comes from — in plain language.
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