The kindness of the Trump administration to the crypto sector has deeply changed the lending market to Bitcoin (BTC) over the next four years.
That is according to Mauricio Di Bartolomeo, co-founder of LEDN, a firm who specializes in providing digital asset loans.
“You will see a Cambrian explosion of Bitcoin -supported loans, as rates will decrease to a point that will make it competitive with home equity or personal credit lines, or other types of instruments,” Di Bartolomeo told CoinDesk in an interview.
The kick, he said, is that these rates will be lowered not only in the US but for countries around the world, thanks to the nature of Bitcoin as a digital asset. “The gold in a vault in Switzerland is not gold in a vault in Venezuela, but Bitcoin in Colombia is the Bitcoin in Madrid is the bitcoin anywhere in the world. As an underwriter, I have equal collateral,” Di Bartolomeo said.
In practice, this means that investors from developing countries, which may not be the same type of great financing opportunities as people in western countries, will have a way to access what is called Bartolomeo called financing worldwide at fair rates.
That’s because big banks are finally ready to avoid crypto lending, now the US Securities and Exchange Commission (SEC) has survived Sat 121, a controversial accounting rule that has been forbidden for companies to take care of crypto assets.
Historically, very few players have offered crypto lending services to the US, making space a bit united, according to Di Bartolomeo.
“This is a seller’s market today. We are lending dollars that are completely -collateralized north of 12.5%, with zero losses for seven years. Banks will look at it and say ‘Wow, this is a great rate of return.’ A bank will enter with 12%interest.
Lending bitcoin
Born and raised in Venezuela, Di Bartolomeo entered the Crypto globe in 2014. Back then, the country emerged from Hyperinflation and Nicolás Maduro’s climb to power. While most of Di Bartolomeo’s friends are dedicated to moving, his brother benefits from Bitcoin mining thanks to the country’s cheap energy.
The family came to business, then other acquaintances, but they faced the issue of funding their operations – a single rig of mining could be worth thousands of dollars. Bitcoin miners living in Canada also have the same issue, Di Bartolomeo (who studied in Ontario) discovered. That pushed him to launch Ledn in 2018 with co-founder Adam Reeds.
“Miners have fees and costs, and their income is at Bitcoin. They want to maintain their box of Bitcoin, because of how well they do. They need a tool that has helped them keep their Bitcoin while giving them Fiat that they need to pay things,” Di Bartolomeo said.
Fast forward to 2025 and Ledn’s clients have access to products that include Bitcoin loans, Bitcoin Yield accounts, Stablecoin Growth Accounts, and Ether (ETH) that -back loans – a major wealth management toolkit, according to Di Bartolomeo. Loans also provide a great tax way to get liquidity. Customers include high -net value early in Bitcoin, businesses and funds. LEDN has released $ 9 billion in loans from starting.
Although it is based in Canada, LEDN was one of the first lending companies to offer Spanish services, allowing the company to establish a market in countries such as Mexico, Colombia, Venezuela and Spain while other lenders – Blockfi, Voyager, Celsius, Genesis – has pushed to retrieve the US market. When these lenders were killed in 2022, Ledn was just one of the companies left standing, and it grew organic.
Now, with the big banks walking, Di Bartolomeo believes the pie is about to get bigger, and that Ledn is properly positioned to get a sliver of it.
“Ledn will have a chair on the table no matter how much he cries, if we continue to do our job, and that’s what I’m excited about. How big the seat is – 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.”
