The friendship of the Trump administration towards the cryptographic sector will deeply change the Bitcoin loan market (BTC) in the next four years.
That is according to Mauricio Di Bartolomeo, co -founder of LEDN, a company that specializes in providing digital asset loans.
“You are going to see a Cambrian Explosion of loans backed by Bitcoin, because the rates will fall to a point that will make them competitive with homemade equity or personal credit lines, or other types of instruments,” Di Bartolomeo told COINDESK in an interview.
The kicker, he said, is that these rates will decrease not only in the United States but also for countries around the world, thanks to the nature of Bitcoin as a digital asset. “Gold in a vault in Switzerland is not gold in a vault in Venezuela, but Bitcoin in Colombia is Bitcoin in Madrid is Bitcoin anywhere in the world. As a subscriber, I have uniform collaterals,” said Di Bartolomeo.
In practice, this means that investors from developing countries, which may not have the same type of efficient financing opportunities as people in Western nations, will soon have a way to access what DI Bartolomeo called World Class Financing at fair rates.
This is because the big banks are finally ready to get into cryptographic loans, now that the United States Stock Exchange and Securities Commission (SEC) has rescinded Sab 121, a controversial accounting rule that made it prohibitive that companies are active custody crypto active.
Historically, very few players have offered cryptographic loan services in the United States, which has made the space relatively not very competitive, according to Di Bartolomeo.
“It is a sellers market at this time. We are lending dollars fully guaranteed north of 12.5%, with zero losses for seven years. Banks will see this and say ‘Wow, this is a large rate of performance.’ A bank will come with 12%interest.” It will really benefit the consumer. “
Bitcoin loan
Born and raised in Venezuela, Di Bartolomeo entered the cryptographic sphere in 2014. At that time, the country was staggering by hyperinflation and the rise to the power of Nicolás Maduro. Although most of Di Bartolomeo’s friends focused on emigrating, his brother benefited from Bitcoin’s mining thanks to the cheap energy of the nation.
The family got into the business, then to other acquaintances, but faced the question of financing their operations: a single mining platform can cost thousands of dollars. The Bitcoin miners residing in Canada also had the same problem, Di Bartolomeo (which he studied in Ontario) discovered. That is what pushed him to launch Ledn in 2018 with co -founder Adam Reeds.
“The miners had rates and expenses, and their income was in Bitcoin. They wanted to maintain much of their treasure as Bitcoin, due to how good it was working. They needed a tool that helped them maintain their bitcoin while giving them the Fiat they needed to pay things,” said Di Bartolomeo.
Let’s quickly advance to 2025 and LEDN customers now have access to products that include Bitcoin loans, Bitcoin yield accounts, Stablecoin growth accounts and loans backed by Ether (ETH), a basic heritage management kit, according to DI Bartolomeo. Loans also provide an efficient form of taxes to obtain liquidity. Customers include people with high heritage on the network who arrived early in Bitcoin, companies and funds. LEDN has issued $ 9 billion in loans from the beginning.
Although it is based in Canada, LEDN was one of the first loan companies in offering services in Spanish, which allowed the company to establish a market in countries such as Mexico, Colombia, Venezuela and Spain, while other lenders, Blockfi, Voyager, Celsius, Genesis, were pressing to capture the US market. When these lenders were annihilated in 2022, LEDN was one of the only companies that were standing, and grew in the United States organically.
Now, with large banks entering, Di Bartolomeo believes that the cake is about to become much larger, and that Ledn is well positioned to get a splinter.
“Ledn will have a seat on the table regardless of how this is shaken, if we continue doing our job, and that is what excites me. How big is the seat, you know, the table will be huge and there will be tons of food. As long as we are in the room, we will be happy.”
