Ledn Projects Bitcoin-Backed Lending Market Could Reach $1 Trillion, Anticipates $1.4 Billion in Loans by 2025
Ledn, a company involved in cryptocurrency lending, estimates that the global bitcoin-backed lending market has the potential to expand to $1 trillion. This projected growth is attributed to securitization attracting increased institutional capital. The company also states its estimate of holding a 30% share of the global consumer bitcoin-backed lending market and forecasts originating $1.4 billion in loans by 2025.
Ledn, a company operating in the cryptocurrency lending sector, has projected a significant expansion for the bitcoin-backed lending market. The company estimates that this market could potentially reach a valuation of $1 trillion.
According to Ledn, this anticipated growth is largely driven by securitization efforts, which are reportedly attracting substantial institutional capital into the sector.
The company also provided insights into its current market position and future outlook. Ledn estimates it holds a 30% share of the global consumer bitcoin-backed lending market.
Looking ahead, Ledn forecasts considerable loan origination in the coming years. The company projects it will originate $1.4 billion in loans by the year 2025.
(Source: The Block Crypto)
