Blockstream, the Canadian company co-founded by renowned Bitcoin developer Adam Back, has secured significant investments to launch three new investment funds aimed at crypto lending and hedge fund strategies.
The Three New Bitcoin Investment Funds
Blockstream's latest venture includes three distinct funds for institutional investors and high-net-worth individuals: the Bitcoin-Backed Lending Fund, the Crypto Borrowing Fund, and the Hedge Fund Strategy Fund. These funds will launch in April with additional capital acceptance beginning in July. The goal is to provide institutional-grade exposure to Bitcoin markets.
Reviving Institutional Crypto Lending
Crypto lending faced a rocky path following the FTX collapse in 2022. However, Blockstream's new investment initiative suggests a renewed interest in Bitcoin-backed loans. The company aims to restore trust in crypto lending through strong risk management and institutional-grade financial products. According to Bloomberg, the new investment into Blockstream reflects confidence in the long-term viability of Bitcoin financial services.
Blockstream’s Expansion into Asia
Along with the launch of new funds, Blockstream is expanding its operations into Asia. The company has opened an office in Tokyo and is partnering with Japanese strategic consultancy Diamond Hands. Additionally, Blockstream is working with Fulgur Ventures to promote Bitcoin Layer 2 solutions and self-custody platforms.
Blockstream continues to strengthen its position in crypto finance through new investment funds and international expansion, offering innovative financial solutions and aiming to restore trust in crypto lending.
