PANews reported on June 16th, citing The Block, that Mauricio Di Bartolomeo, co-founder of Canadian crypto lending platform Ledn, predicts the Bitcoin-backed lending market could reach $1 trillion in the next 5 to 10 years. Ledn claims to hold approximately 30% of the global consumer Bitcoin-backed lending market and projects total loan disbursements of $1.4 billion by 2025. Di Bartolomeo points out that a single balance sheet cannot support a trillion-dollar market; therefore, it is necessary to package Bitcoin mortgage loans into asset-backed securities (ABS) and issue bonds to attract institutional funding. Ledn's recent Bitcoin bond issuance, custodied by Fidelity and underwritten by Jefferies, received an investment-grade rating from S&P and was approximately 3 times oversubscribed.