Jon Melton

In this engaging discussion, Jon Melton shares his journey from 13 years in currency markets at Morgan Stanley to his current role at Unchained, focusing on Bitcoin-backed loans. He reveals how Wences Casares influenced his Bitcoin conviction and delves into Silvergate Bank's innovative approach to cryptocurrency banking. The conversation covers the importance of over-collateralization in Bitcoin lending, the risks of rehypothecation, and how Bitcoin loans may soon integrate with real estate. Jon explains why he remains optimistic about Bitcoin's future in finance.

Jon Melton, Head of Lending at Unchained and a Wall Street veteran, dives into the game-changing role of bitcoin in the credit market. He shares insights on why bitcoin is considered pristine collateral and discusses the benefits of borrowing against it while maintaining control. Jon outlines how recent regulatory changes are paving the way for institutional confidence in bitcoin, as well as the transformative potential of collaborative custody in lending practices. Plus, he highlights the importance of adapting to evolving interest rates in this space.