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Gold or Bitcoin? Some Investors and Companies are Betting on Both — Key Takeaways

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Gold or Bitcoin? Some Investors and Companies are Betting on Both

Natalie Brunell47mJul 1, 2026

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Ledin holds 30% of the ~$3B Bitcoin-backed consumer loan market and just achieved investment-grade ABS bond status (2x oversubscribed), creating a path to fund the trillion-dollar loan market they project within 5–10 years.

Key takeaways

Bitcoin-backed loans: $3B market, only 2% of BTC used as collateral

Bitcoin-backed loans: $3B market, only 2% of BTC used as collateral

  • Ledn holds 30% of the $3B consumer market — 1 in 3 Bitcoin-backed loans globally.
  • Real estate comparison: 60-70% of homes have mortgages; BTC collateral adoption has massive room to grow.

ABS securitization is the only path to trillion-dollar Bitcoin loan market

ABS securitization is the only path to trillion-dollar Bitcoin loan market

  • Ledn issued first investment-grade Bitcoin-backed ABS bond (S&P rated), 2x oversubscribed on senior tranche, 3x on junior.
  • 90-95% of ABS market requires investment grade — without it, only 5-10% of institutional buyers (pension funds, endowments) are accessible.

Budget 50-100% of initial BTC collateral as a liquid reserve before taking a

Budget 50-100% of initial BTC collateral as a liquid reserve before taking a

  • Common failure: borrowers wait for margin call email, delay acting, then face a clogged mempool — loan liquidates before top-up confirms.
  • Enable auto top-up immediately; pre-position collateral reserve before the loan closes, not after.

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In this video

  1. 1mIntroduction and Ledn's New Product Announcements
  2. 4mTokenized Gold: How It Works and Why Ledn Added It
  3. 12mBitcoin Market Conditions and Price Outlook
  4. 18mManaging Bitcoin-Backed Loans and Liquidation Risk
  5. 23mThe Ideological Debate Around Bitcoin Credit Products
  6. 33mLedn's Institutional Bond and the Path to a Trillion-Dollar Market
  7. 40mVenezuela: Maduro's Removal and What Comes Next
  8. 46mClosing Remarks and Where to Find Ledn

“The beautiful thing about Bitcoin is that it means different things for different people.”

— Mauricio Debardomeо

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