Lantern Finance
Techstars '24San Francisco, US · Founded 2023 · 7 employees on LinkedIn · 2 known investors
Lantern Finance provides a platform for crypto holders to borrow against their digital assets without selling them, emphasizing strict risk management and asset custody standards. The service caters to crypto investors seeking liquidity while avoiding tax events and speculative lending practices.
Founders & leadership
Lantern Finance was founded in 2023 by Prince Jindal and Jung Won Kim.
PJ
Prince Jindal
JW
Jung Won KimFounder
Investors · 2
Funding
SEC filings, press & company announcements$1M disclosed across 1 of 2 rounds · 2025
- $1MPre-SeedMar 2025 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 8
by search overlap
Ledn37 shared keywordsLedn offers bitcoin-backed loans that let holders borrow US dollars against their Bitcoin without selling it, along with savings and trading products across assets like Bitcoin, gold, and stablecoins. It serves retail and institutional crypto holders in over 100 countries, with collateral held in segregated custody.
Coinbase36 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Figure33 shared keywordsFigure is a lending platform that offers residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans for borrowers.
Nexo33 shared keywordsNexo is a digital asset platform offering crypto-backed credit lines, interest-earning savings on over 100 cryptocurrencies, OTC trading, and institutional-grade custody. It serves individual investors, family offices, businesses, and institutions, including a private tier for clients with $100,000 or more in digital assets.
Kraken32 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Experian30 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Archlending27 shared keywordsArch Lending (legal entity ChainFi, Inc) offers crypto-backed loans to U.S. borrowers and businesses, using digital assets as collateral. Its lending service, powered by Anchorage Digital Bank, provides loan agreements with terms, interest rates, and repayment schedules subject to state-specific availability.
Strike21 shared keywordsStrike is a Bitcoin financial platform where users can buy, sell, spend, save, and borrow against bitcoin, with features including zero-fee recurring buys, Lightning Network payments, and free on-chain withdrawals. It also offers business accounts for building bitcoin treasuries, private client services for large orders, cross-border cash transfers, and a developer platform.
Companies competing with Lantern Finance for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Lantern Finance do?
- Lantern Finance provides a platform for crypto holders to borrow against their digital assets without selling them, emphasizing strict risk management and asset custody standards. The service caters to crypto investors seeking liquidity while avoiding tax events and speculative lending practices.
- Who founded Lantern Finance?
- Lantern Finance was founded by Prince Jindal, Jung Won Kim in 2023.
- Who are Lantern Finance's investors?
- Lantern Finance's investors include Techstars, Supermoon Capital.
- How much funding has Lantern Finance raised?
- Lantern Finance has disclosed $1M raised across 1 of its 2 known rounds.
- Where is Lantern Finance headquartered?
- Lantern Finance is headquartered in San Francisco, US.