Ledn Brings Bitcoin-Backed Loans into Mainstream Finance with ABS
Bitcoin-backed loans are now available in capital markets thanks to Ledn's Asset-Backed Security (ABS). The financial company, founded by CEO Adam Reeds and chief sales officer Mauricio Di Bartolomeo in 2018, has originated over $11 billion in loans to clients across more than 100 countries.
The majority of these loans were made available to small businesses and retail investors who wanted to utilize their Bitcoin as collateral rather than selling it. This approach aims to solve the problem faced by individuals and businesses who are unwilling or unable to liquidate their cryptocurrency holdings but still require access to capital.
In February 2026, Ledn issued the first investment-grade-rated, asset-backed security in the digital asset industry. This development marks a significant step towards integrating Bitcoin-backed loans into mainstream finance.