CNBC Crypto World delivers the latest updates from the digital currency markets, featuring expert interviews and unique stories shaping the crypto industry. In today’s episode, Mauricio Di Bartolomeo, co-founder and chief strategy officer at Ledn, discusses the rapid growth of the platform’s bitcoin lending business.
Di Bartolomeo attributes this surge to the launch of spot crypto ETFs in the United States, which has opened new doors for both institutional and retail investors. He explains that these ETFs offer a more accessible and regulated way to gain exposure to bitcoin, increasing the demand for bitcoin-backed loans. As a result, Ledn’s lending services have seen a significant rise in activity.
With more investors looking to leverage their crypto without selling, platforms like Ledn are experiencing heightened interest. The episode highlights how new financial products, such as spot crypto ETFs, are influencing the growth of ancillary services in the digital asset space, showcasing the evolving dynamics of the crypto industry.