Why Bitcoin Holders Are Buying Gold

Summary

Ledn founder Mauricio Di Bartolomeo explains why the platform added tokenized gold (Tether Gold) alongside its Bitcoin-backed lending. He discusses client behavior showing rotation from precious metals back into Bitcoin as gold hits historic highs and Bitcoin signals a bear market bottom. He also shares his view that Bitcoin’s bear market is nearing its end with a year-end target of $80-90K.

• Ledn added Tether Gold (XAUt) to buy/sell and soon as collateral for dollar loans, driven by client demand from hard-money enthusiasts.
• Clients previously used Bitcoin-backed loans to invest in precious metals and now want to use gold as collateral at Ledn.
• Speaker notes client rotation away from gold and back into Bitcoin as gold nears historic highs and Bitcoin shows bear market bottoming signs.
• Tokenized gold custody is defended by noting existing counterparty risk in physical vault storage and Tether’s transparency and proof of reserves.
• Gold-backed loans on Ledn expected later this year, offering a similar user experience to Bitcoin-backed loans.
• Speaker disagrees with analysts calling for lower Bitcoin prices; observes strong buyer behavior and minimal liquidations near $60K.
• Year-end Bitcoin price target set at $80-90K, with $60K viewed as a floor.