Bitcoin loans fund homes and bills, says Ledn co-founder originally appeared on TheStreet .
In an interview with TheStreet Roundtable , Ledn co-founder Mauricio Di Bartolomeo laid out the everyday reasons people mortgage their Bitcoin rather than sell it.
Many borrowers turn to Ledn when they have built significant wealth in Bitcoin . “Many of our clients have accumulated a significant amount of wealth in Bitcoin,” Di Bartolomeo said, noting that people with millions in Bitcoin often want to “buy a bigger home for their growing family.” But banks “will say, what's that? That's not an asset.”
Bitcoin lending
Bitcoin lending and borrowing lets owners use their coins as collateral to get fiat loans without selling. By locking Bitcoin with a lender like Ledn , borrowers can get cash while retaining upside if prices rise. Lenders hold the collateral and charge interest — managing risk through loan-to-value limits and automatic liquidations.
Borrowing against Bitcoin lets customers skirt a taxable sale, place the coins as collateral and “buy the property or the house that you're looking to move into.”
Private and publicly listed firms that keep reserves in Bitcoin “use our products to effectively manage their cash flows,” he explained. The loans cover salaries and other fiat costs “without having to sell the Bitcoin position that they've worked so hard to build.”
Some investors borrow dollars from digital assets to “make other investments” such as buying more crypto, he added.
Industry workers paid in Bitcoin rely on monthly advances of “10, 20 grand” to cover rent, car payments and other day-to-day expenses — using Ledn as “a bridge between their Bitcoin income and their fiat life.”
Risk management model
Di Bartolomeo said that Ledn’s Bitcoin loans start at a 50% loan-to-value ratio (LTV). “If you come to Ledn with $10,000 worth of Bitcoin, you get $5,000 worth of dollars,” he said.
Should the collateral’s value fall, clients must top it up. If a loan hits 80% LTV, “our system automatically and algorithmically liquidates as much Bitcoin as needed to close the loan and returns whatever is left over to you.”
That strict model has delivered zero non-performing loans or a cent loss in Ledn’s seven-year operations with billions of dollars processed.
For Di Bartolomeo, the track record shows Bitcoin-backed lending “can bring you a very attractive return” while still being “very sound.” Borrowers get to keep their Bitcoin — and their lifestyles — intact.
Bitcoin loans fund homes and bills, says Ledn co-founder first appeared on TheStreet on Jun 11, 2025
This story was originally reported by TheStreet on Jun 11, 2025, where it first appeared.