Bitcoin giant Bitcoin expands to institutional investment with billions of dollars in support
Bitcoin Infrastructure Provider Blockstream has officially announced the date of the launch of the very expected institutional bitcoin funds.
It is scheduled to run live on April 1, funds will introduce new Bitcoin lending and investment solutions, with the acceptance of the outer capital on July 1.
The coding lending industry faced a major disorder after the FTX collapsed, which led to a wave of bankruptcy between the two main lenders. However, the institutional demand for financial products in Bitcoin continues to grow.
Blockstream open Its new investment cars include a Bitcoin -backed lending fund, a controlled borrowing fund in US dollars, and the strategy of hedge funds that offer institutional exposure to Bitcoin markets.
Endowment funds will allow investors to reach liquidity without selling Bitcoin. Blockstream has received billions of dollars in an investment to support these initiatives, as Bloomberg said for the first time.
Earlier this year, Blockstream unveil Two institutional investment funds – Blockstream and Blockstream Alpha – to provide direct exposure to the ecosystem. The Income Fund offers returns provided by the United States by issuing Bitcoin -backed loans ranging from $ 100,000 to $ 5 million.
Meanwhile, Alpha Fund focuses on wallet growth through infrastructure -based revenue flows, such as lightning network knots. These boxes indicate Blockstream’s expansion in asset management, thus introducing institutional investors new ways to interact with Bitcoin -backed financial products. This step was placed alongside already encrypted investment companies such as Grayscale, Pantera and Galaxy Digital.
In addition, the company recently expanded its presence in Asia with the opening of a new office in Tokyo.
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