“Expanding asset coverage has been a top request from our users,” said Jung Won Kim, Cofounder of Lantern Finance. “By adding ADA, HBAR, and XLM, we enable a broader range of long term holders to unlock liquidity while keeping their portfolios intact. Our focus remains on best in class security, predictable fixed rates, and an experience that feels as simple as a traditional loan.”
Las Vegas,Nevada – Lantern Finance, Inc. today announced the addition of Cardano (ADA), Hedera (HBAR), and Stellar Lumens (XLM) to its roster of supported collateral, bringing the total number of eligible assets on the company’s crypto-backed lending platform to nine. U.S. customers can now borrow against Bitcoin, Ethereum, XRP, Solana, Litecoin, Dogecoin, and the three newly listed assets, receiving same-day funds directly into their bank accounts without selling their crypto.
The new assets launch with an introductory 33 percent loan to value ratio and a fixed 15 percent APR, mirroring the terms already available for select long tail tokens on the platform. Lantern has already processed its first loans secured by the newly listed assets, demonstrating immediate demand from investors seeking alternatives to volatile on chain lending markets.
The inclusion of these assets fills a notable gap in U.S.-based crypto lending, where options for ADA, HBAR, and XLM have been limited or unavailable without risks like rehypothecation. Lantern’s approach avoids such practices, focusing instead on institutional-grade safeguards and user-centric features.
“This milestone reinforces our commitment to bridging a wider array of crypto assets with traditional finance in a secure and seamless way,” said Prince Jindal, Cofounder of Lantern Finance. “By expanding our supported assets, we are better equipped to serve sophisticated investors who diversify beyond major tokens, helping them access capital efficiently while maintaining their positions.”
Lantern Finance’s team combines extensive experience in finance, technology, and digital assets. Having served numerous crypto investors to date, the company intends to further broaden its offerings, introduce new capabilities, and strengthen its focus on security, product innovation, and customer support.
For more information about Lantern Finance and its services, please visit Lantern Finance’s website.
Lantern is a financial services and technology company built for crypto investors. Our mission is to simplify the world of crypto finance by offering a safe, seamless platform where users do more with their crypto assets. Lantern’s primary offering is a crypto-backed loan product, which allows clients to safely access loans against their crypto holdings.