The Past, Present, Future of Bitcoin-Backed Loans (w/ Jonathan Melton)

29/07/2025 1h 28min

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Episode Synopsis

⁠Thomas Pacchia⁠ sits down with ⁠Jonathan Melton⁠ (Head of Lending at ⁠Unchained⁠) for a fireside chat and open Q&A about: Why Melton left Wall Street to build Bitcoin-native lending infrastructure How Unchained’s multi-institution custody model protects against counterparty and rehypothecation risk What makes collateralized lending on Bitcoin fundamentally different from fiat debt markets Why most “bitcoin-backed loans” still rely on fiat rails How Unchained evaluates risk, liquidity, and client behavior across bear and bull markets Why Melton believes the next generation of bitcoiners won’t think of borrowing and custody as separate concepts ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬PubKey meetups are FREE and PUBLIC. Join us to ask live questions, engage with experts, and enjoy a pint together:🗽 PubKey NYC🗽 85 Washington Place🗽 New York, NY 10011https://www.meetup.com/pubkey-meetups/events/Follow us on X: ⁠https://x.com/PubKey⁠