Blockstream has secured a multi-billion-dollar investment to launch three funds focused on crypto lending and hedge fund strategies.
The Three New Bitcoin Funds
Blockstream's new venture includes three funds aimed at institutional investors and high-net-worth individuals: Bitcoin-Backed Lending Fund, Crypto Borrowing Fund, and Hedge Fund Strategy Fund. These funds will launch in April with additional capital acceptance starting in July.
Reviving Institutional Crypto Lending
Since the FTX collapse in 2022, crypto lending has faced challenges. However, Blockstream's initiative is reigniting interest in Bitcoin-backed loans, reflecting confidence in the long-term viability of Bitcoin-based financial services.
Blockstream’s Expansion into Asia
Blockstream is expanding its operations into Asia, opening an office in Tokyo and partnering with leading consulting firms and businesses in Japan to promote Bitcoin-based solutions and tokenization of real-world assets.
These moves demonstrate the company's ambition to solidify its stance in the crypto finance industry, potentially leading to new opportunities for investors and businesses in the sector.
