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

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

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

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⁠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


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