Canadian company Blockstream has secured multi-billion-dollar investments to launch three new funds focused on crypto lending and hedge fund strategies.
The Three New Bitcoin Investment Funds
Blockstream’s latest venture includes three distinct funds aimed at institutional investors and high-net-worth individuals: Bitcoin-Backed Lending Fund, Crypto Borrowing Fund, and Hedge Fund Strategy Fund.
Reviving Institutional Crypto Lending
Following the FTX collapse, which exposed risky lending practices, Blockstream seeks to restore trust in crypto lending through managed risks and high-level products.
Blockstream’s Expansion into Asia
Expanding into Asia, Blockstream opened a Tokyo office and is collaborating with Japanese companies to promote Bitcoin-backed solutions.
With the launch of new funds and expansion into Asia, Blockstream solidifies its position as a major player in the cryptocurrency financial services market.