Canadian firm Blockstream plans to launch three new investment funds focused on crypto lending and hedge fund strategies.
The Three New Bitcoin Investment Funds
Blockstream is launching three distinct funds aimed at institutional investors and high-net-worth individuals: a Bitcoin-Backed Lending Fund, a Crypto Borrowing Fund, and a Hedge Fund Strategy Fund. These funds are set to launch in April with additional capital accepted from July. The goal is to provide institutional-grade access to Bitcoin markets, establishing Blockstream as a leading player in crypto finance.
Reviving Institutional Crypto Lending
Following the collapse of FTX, the crypto lending industry faced challenges. However, Blockstream's initiative suggests a renewed interest in Bitcoin-backed lending. The company's aim is to rebuild trust in crypto lending through robust risk management and institutional-grade products.
Blockstream’s Expansion into Asia
Blockstream is expanding its operations into Asia, with a new office in Tokyo. The company is collaborating with Japan's strategic consultancy Diamond Hands and Fulgur Ventures to promote Layer 2 technologies and self-custody platforms.
By securing substantial investments, Blockstream strengthens its global presence, developing new financial products and expanding into Asian markets.
