Hoseki, Ledn Partner For Faster Bitcoin-Backed Loans

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Bitcoin startup Hoseki has announced a pre-launch partnership with financial services firm Ledn to provide lending and proof-of-assets services for retail investors, similar to industry-grade proof-of-reserves leveraged by custodians, the company said in a Monday statement sent to Bitcoin Magazine.

“Hoseki users will be able to seamlessly submit standardized proof-of-asset documentation to Ledn though the Hoseki mobile app or desktop website,” per the statement. “In the Hoseki dashboard where users manage their bitcoin storage and exchange account information, a lender’s tab will display Ledn’s information and educate prospective borrowers on the first steps toward originating a bitcoin-backed loan through Ledn.”

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