Unchained

Bits + Bips: Bitcoin Keeps Smashing All-Time Highs, and MSTR Joins the Big Leagues - Ep. 752

Dec 18, 2024
Mauricio di Bartolomeo, Co-founder and CSO of Ledn, shares his journey from Venezuela's hyperinflation to the forefront of crypto-backed loans. He discusses the explosive rally of Bitcoin and the effects of growing institutional interest, particularly from MicroStrategy. The panel dives into how Bitcoin facilitates capital flight amid global economic shifts and the implications for crypto dynamics as 2024 approaches. Mauricio also highlights the regulatory landscape and the increasing demand for Bitcoin loans, painting a vivid picture of the evolving financial ecosystem.
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ANECDOTE

Ledn's Origin Story

  • Mauricio di Bartolomeo's family mined Bitcoin in Venezuela to combat hyperinflation and capital controls.
  • After facing government pressure, they left, leading him to co-found Ledn, a crypto lending platform.
INSIGHT

Ledn's Risk Management

  • Ledn avoids rehypothecating collateral and ring-fences products with credit risk.
  • This protects users from losses in other areas, unlike platforms like Celsius and BlockFi.
INSIGHT

Ledn's Growth in 2024

  • Ledn has seen substantial growth in 2024, especially from US customers using Bitcoin-backed loans for real estate.
  • New Bitcoin investors are also using Ledn's loans, indicating long-term investment strategies.
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