Below is a guest post from Christina Combin.
If you are following the encryption space for any time period, you may be aware of the name IceLargely to a large extent, the only central bitcoin lending platform that did not collide and burn in the wake of Terra/Luna, FTX, and others in 2022. The most conservative LEDN approach enabled it marked.
This industry did not prevent the company’s jamming with the same brush as its oppressed counterparts.
“All commercial works are encrypted in 2021” work. “
One of the main contributors to the LEDN survival strength is a deep commitment to transparency with users. LEDN was the first digital asset lending company to complete proof, a process that is repeated every six months. This care not only witnessed that the company recovers from the depths of the hard bear, but also grows its business.
“We became profitable at the beginning of 2024,” Adam is smiling. “It was great to see. We have a better and larger work today than we did in 2021.”
The first bitcoin ethics
“LEDN focuses on ensuring the presence of financial products for Bitcoin first,” explains Adam.
However, the company supports Stablecoins Tether and USDC and has recently been on the broader demand on the guaranteed loans by alternative digital assets by adding ETHEREUM.
“Our first product is Bitcoin and the basic offer is our bitcoin -backed loan. We allow customers to deposit Bitcoin with us and provide liquidity so that they do not have to sell it.”
Are there additional benefits for using LEDN behind keeping your hands diamonds?
“There are advantages of tax planning for loans in most judicial states, but the most important thing is not to sell one of the assets that you think will increase and want to preserve it for a long time,” Adam says.
Adam himself is proud of Liden’s simple business model.
“We are not trying to be everything for everyone. We are trying to maintain our basic lending products and offer them to more people.” LEDN is a great supporter of quality on the quantity. “One of the company’s favorite sayings is the best restaurant has the smallest list. You don’t have to do a lot of things, you do some things correctly. I think this is the best customer experience.”
What raises Adam more than work in Bitcoin every day?
“I love to travel, meet people, and learn about new cultures,” says. “For me, the way people use money is not customized, right? It is like, how do they think about their future? What excites them? What are their goals?
He tells the story of a client in Latin America, where his co -founder Mauricio de Bartolomeo of Liden team is. The customer was running a tourism company and assisted by LEDN products to survive from the Covid-19 pandemic because he could borrow against Bitcoin when no bank provides him with a loan. “Now it is expanding,” Adam says. “It is really a feeling of joy to learn how people succeed in their financial trips.”
“Final tie”
LEDN originated in the homeland of the Canadian founders in Toronto and recently moved to the Kayman Islands and expanded throughout North America to South America and Europe. With Adam’s meeting in the calm conference hall in Bitcoin Mina in Abu Dhabi, I wonder whether they are looking to prepare a foothold in the Middle East as well.
“We are open to other regions, and we are here because we are looking to expand in the Middle East and Asia,” he said.
Adam says that there are different use of bitcoin geographic bitcoins and it is important to learn the nuances in each region. “In the United States, the tax is a big problem, because there is a tax on capital gains on Bitcoin, but many judicial states in Asia have no capital tax.” In these parts of the world, Hodles is likely to flow to LEDN to avoid reducing their hideout.
Although the LEDN’s main product is loans, the platform also offers limited trading pairs and a bitcoin -returning product without PTSD and who want to have an interest in their coins. Are they planning to add other encrypted currencies to their range? “nothing [beyond Ethereum] In the long run and there are no immediate plans, but we always think about it. “
Adam talks about a committee about the future of the guarantee and why Bitcoin is considered one of the virgin origins.
“Ownerous rights are a big problem,” he says. “Even gold, because it is physical, is very important as it is held. If you want to finance gold, is it in the Bank of England or the bank of Venezuela? It is a fully different risk profile and because Bitcoin is default, you do not have the same challenges on how to store it.”
For us, Bitcoin is a final tie. It is the final financial fairness, and I love it because we can build the same financial products for all worldwide. Who are you or where you are or what you are doing. It’s just Bitcoin. “
Ride the wave of the bull market
Since the beginning of the Taurus market, LEDN has seen 2.5X in daily lending and reached $ 1.67 billion from loans from the first quarter to the third quarter of last year.
Adam says, “It was enormous,” Adam says. “Individuals have always got this, but I think what is nice in this market is this time the companies, and the institutions are getting it because they already see a model of profit.”
He says the reputation risks of being in an institution four years ago during the last bull session were much higher than today. With the removal of the crossbar from Bitcoin, institutions flow – and bring their institutional capital with them.
“The space is still incredibly short,” Adam says. “If you are thinking about bitcoin as $ 2 trillion for the market today, it is possible that the amount of retail loans on Bitcoin is about 1 to two billion dollars, so it is still very small. We need more dollars in the space to allow more people to take mortgage loans on Bitcoin, and we need that by the ability to lend these dollars to companies like LEDN to provide retail loans.
Bitcoin FOMO
LEDN has transferred its official headquarters from Canada to the Kayman Islands because of its backward legislation forward and friendly organizational pastures, after “pushing a round tie to a square hole” with a policy in their homeland and the United States. But what about changing the step on the horizon with Trump 2.0 in the infection?
“I mean, it’s wonderful, right?” Light. “Bitcoin has become very delicious and it was great and it was great to manage Trump’s truly seizure on the voter base and move forward. I now think that many companies that wanted to be in space but could not risk communicating until they had legal clarity capable of entering.”
What does this mean for bitcoin in the coming months and years?
“I think we will see FOMO institutional FOMO as many large banks will depend on it and everyone will have to follow it.”
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