WhaleLend Inc. operates a crypto lending platform where users can deposit digital assets like stablecoins and other cryptocurrencies to earn interest, marketed with high annual percentage yields (APY). The service also allows customers to borrow funds by using their cryptocurrency holdings as collateral. The company's mission is to provide users with a way to generate passive income from their crypto assets, emphasizing features like no lock-up periods and purportedly high security. The platform functions as an intermediary, lending out deposited assets to generate a return which is then partially shared with the depositors as interest.

Founded in

Finland