Ledn Co-Founder: Bitcoin Collateralized Lending Market Expected to Expand to $1 Trillion

According to The Block, Mauricio Di Bartolomeo, co-founder of Canadian crypto lending institution Ledn, predicts that the Bitcoin collateralized lending market could reach a scale of $1 trillion within the next 5 to 10 years. Ledn claims to hold approximately 30% market share in the global consumer Bitcoin collateralized lending market, with total loans issued expected to reach $1.4 billion by 2025. Di Bartolomeo pointed out that a single balance sheet is insufficient to support a trillion-dollar market. He emphasized the need to package Bitcoin collateralized loans into asset-backed securities (ABS) and issue bonds to attract institutional funding.