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Bitcoin-backed lending is entering a new phase – one that looks a lot like traditional finance. After a reset in 2022, today’s ecosystem is prioritizing stronger risk discipline, transparency and overcollateralization, alongside growing interest from banks and private credit.
Join us for a timely conversation with companies at the forefront of this evolution. Hear real-world perspectives from operators redefining Bitcoin lending as they share how the model has matured, where traction is building and what’s next.
During the webinar, we’ll discuss:
· The post-2022 reset: How Bitcoin lending rebounded from major lender collapses
· Growth and outlook: Size, trajectory and key drivers behind Bitcoin-backed lending’s resurgence
· A more resilient model: How stricter collateralization, transparency and improved risk controls are rebuilding trust
· The “holder's dilemma”: Why long-term Bitcoin holders are turning to lending for liquidity without selling
· Institutional momentum: The expanding role of banks, private credit and securitization
Register today to reserve your spot!
In the meantime, please check out our article on this topic: The Bitcoin Lending Renaissance
Questions?
Please contact Brooke Jones at brooke.jones@firstcitizens.com.
Silicon Valley Bank, a division of First-Citizens Bank & Trust Company, as well as the other divisions, subsidiaries, and affiliates of First-Citizens Bank & Trust Company (together, SVB), are U.S. financial institutions and provide products and services to non-U.S. clients on a cross-border basis from the United States of America. SVB is not licensed or regulated as a bank or any other type of financial institution outside of the United States of America. Please review our International Disclosures for more information.
© 2026 First-Citizens Bank & Trust Company. All rights reserved. Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.
Emily Barron is the Co-Founder and CEO of Zaria.
Prior to Zaria, Emily was the Head of Credit Underwriting at NYDIG, a Bitcoin custodian, miner, and institutional finance company. At NYDIG, Emily ran debt capital markets for Bitcoin-backed loans and data center financing, counterparty risk for spot and derivatives trading, and data and field operations for bitcoin mining.
Emily has led ground-floor buildouts of several other fintech and capital markets businesses, including SVB’s warehouse lending division, Branch International’s finance, credit and capital markets functions, and SoFi’s whole loan sales and unsecured consumer loan securitization programs. Earlier in her career, Emily worked in Foreign Exchange Sales at Barclays Capital and Nomura Securities. She also completed a Fulbright Fellowship in commercial microlending within refugee camps in Jordan.
Joseph Kelly is the Co-Founder and CEO of Unchained, a Bitcoin Financial Services company focused on serving long-term bitcoin holders. Since co-founding Unchained in 2016 with Dhruv Bansal, he has led the business across operations, compliance, fundraising, marketing, and product development, helping grow the platform to over $10B in client assets.
Previously, Joseph co-founded Infochimps (acquired by CSC) and has raised over $100M in venture funding across two startups. He also serves on the founding board of the Texas Bitcoin
Foundation.
Graham was raised in Kansas and received a Business Degree with a minor in Economics from Kansas State. Graham got involved in Bitcoin in 2012 where he began participating and contributing to Open Source projects. He worked as an infrastructure engineer for six years across several small startups, and most recently Salesforce before founding Voltage in 2020. Graham saw the pain point that needed to be solved in the Bitcoin Infrastructure space and founded Voltage to fill this need. Graham launched Voltage in October of 2020 as a test and scaled to full time in February of 2021. Voltage is leading the way in creating enterprise-grade infrastructure for Bitcoin and its Layer 2, the Lightning Network.
Adam Reeds is Co-Founder and Chief Executive Officer of Ledn, a leading Bitcoin-backed lending platform serving clients in over 100 countries. He oversees Ledn’s strategy and has guided the business as it expands access to institutional funding and capital-markets structures for Bitcoin-backed consumer loans. He has also championed transparency initiatives including a long-running proof-of-reserves program. Before co-founding Ledn, Adam held leadership roles at Dream Unlimited, a Canadian real estate asset manager with over $15 billion in assets under management.
Anthony Vassallo is a Director on Silicon Valley Bank’s Crypto team. He has spent ten years at the bank, and eight years bridging traditional banking and digital assets. He works directly with venture-backed blockchain pioneers, focusing on sustainable innovation. Anthony approaches crypto with optimism forged through skepticism, cutting through hype to support founders solving real problems. At heart, Anthony is a Bitcoiner.
Prior to his current role, Anthony was a VP of Product Management at SVB, focused on commercial lending. Anthony also has experience in underwriting and portfolio management, supporting healthcare and technology companies across all growth stages.
Born and raised in Silicon Valley and now based in Austin, Anthony earned a post-graduate fellowship, master’s degree in entrepreneurship and innovation, and a bachelor’s degree in business administration from the University of Southern California Marshall School of Business. His approach is rooted in first principles thinking and a commitment to separating signal from noise.