Ledn co-founder: Bitcoin-backed lending market poised to expand to $1 trillion

CoinFeed reported on June 16th, citing The Block, that Mauricio Di Bartolomeo, co-founder of Canadian crypto lending platform Ledn, predicts the Bitcoin-backed lending market could reach $1 trillion in the next 5 to 10 years. Ledn claims to hold approximately 30% of the global consumer Bitcoin-backed lending market and projects total loan disbursements of $1.4 billion by 2025. Di Bartolomeo points out that a single balance sheet cannot support a trillion-dollar market and that it is necessary to package Bitcoin-backed loans into asset-backed securities (ABS) and issue bonds to attract institutional funding.