To our community,
We started Lantern Finance because we've lived through both the promise—and the heartbreak—of crypto.
Like many of you, we believed in the future of this space. We invested early, used the major platforms—BlockFi, Celsius, Genesis—and trusted them with our assets. But when those platforms collapsed, we lost money alongside millions of others. These weren't just business failures. They were breakdowns in trust, transparency, and risk management. Behind the scenes, platforms were misusing collateral, making speculative bets, and chasing hypergrowth at the expense of their users.
That experience left a lasting impression—and gave us a mission.
We built Lantern because we knew crypto could do better. Better risk practices. Better user protection. Better alignment with the people who believe in this space for the long term.
Lantern combines our deep roots in crypto with the risk discipline we learned in traditional finance. Between us, we've worked across Capital One, Blackstone, and Nike's Web3 team. We know what it takes to build responsibly—and we bring that mindset to everything we do.
Here's what that means in practice:
- We never lend out borrower collateral.
- We don't take speculative risks with your crypto.
- We store all assets with BitGo's insured cold storage (coverage up to $250 million).
Our mission is simple: give crypto holders access to liquidity—without forcing them to sell. Whether you're buying the dip, making a large purchase, or avoiding unnecessary tax events, Lantern gives you a safer way to borrow against your crypto.
This is the platform we wish existed during the chaos of 2022.
Now, we're building it—for everyone who still believes in crypto, but wants to move safer and smarter.
We're not here for the hype.
We're here for the long haul.
With gratitude,
The Founders of Lantern Finance
Prince Jindal, Deegii Altangerel, and Jung Won Kim