Private company

Hodlnaut

Singapore-based cryptocurrency company

Hodlnaut was a Singapore-based cryptocurrency lending and borrowing platform.Co-founded by Juntao Zhu and Simon Lee in 2019, it is advertised as a platform that allows users to earn interest on cryptocurrencies that they deposit through those funds being safely lent out to carefully selected institutions.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Hodlnaut was a Singapore-based cryptocurrency lending and borrowing platform.Co-founded by Juntao Zhu and Simon Lee in 2019, it is advertised as a platform that allows users to earn interest on cryptocurrencies that they deposit through those funds being safely lent out to carefully selected institutions. On 8 August 2022, it disabled the ability of users to withdraw their cryptocurrencies from the platform citing market conditions, however it later became known that Hodlnaut had actually been holding virtually all of its users' deposited funds in the TerraUSD stablecoin which had collapsed in2

Sources

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