Blockstream has announced the launch of new institutional Bitcoin funds. These financial instruments are aimed at meeting the growing demand for Bitcoin-focused financial products among institutional investors.
Launch of New Funds
Starting April 1st, Blockstream is launching new investment products, including Bitcoin-backed lending funds. Acceptance of external capital will begin on July 1st.
Overview of the Crypto Lending Industry
The crypto lending industry faced turmoil following the collapse of FTX, leading to bankruptcies of major lenders. However, there continues to be growing demand for Bitcoin financial products among institutional investors.
Blockstream's Expansion and Recent Initiatives
Blockstream is also expanding its presence in Asia with a new office in Tokyo. This move places the company alongside major crypto investment firms like Grayscale and Galaxy Digital.
Blockstream continues to evolve by offering institutional investors new Bitcoin products, demonstrating its commitment to developing digital asset infrastructure.
