Demand for this bitcoin-backed lender is growing despite rising rates
Quick Take
- Joseph Kelly, CEO of Unchained, delves into the company’s success as one of the last remaining U.S. bitcoin-backed loan providers and its growth amidst increasing federal interest rates.
Episode 90 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Unchained CEO Joe Kelly
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Joesph Kelly is the CEO of Unchained — a bitcoin financial services company that offers services including trading, inheritance solutions, bitcoin-backed loans, and tax-advantaged bitcoin retirement accounts.
In this episode, Kelly explains how his firm managed to become "the last lender standing in the US market for bitcoin-backed loans," and how Unchained has experienced growth despite rising federal interest rates.
Earlier this year, Unchained raised $60 million in a Series B funding round led by Valor Equity Partners.
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