The Bitcoin Developer Blockstream has gained a multibillion-dollar investment to launch three new institutional funds, including the two that will enable lending to Bitcoin.
“Blockstream’s Blockstream Grade Bitcoin solutions will live on April 1, with the opening of external capital acceptance on July 1,” the company Nakasa said In X on March 4, confirming an earlier Bloomberg Report.
It added that investment products will offer Bitcoin lending and secure institutional financing with Bitcoin (Btc) Collateral, USD-Collateralized borrowing that enables investors to unlock liquidity without selling bitcoin, and fence fund techniques offering grade-institutional exposure to Bitcoin markets.
Source: That -block the blockloyed
That -block the blockloyed Debuted The new business management business in January, releasing the Blockstream Income Fund and the Blockstream Alpha Fund.
The revenue fund focuses on loans between $ 100,000 and $ 5 million, while the Alpha Fund focuses on the growth of the portfolio, which provides investors on exposure to “infrastructure -based streams such as Node Node operations of the Lightning Network.”
The Blockstream, which offers products like Liquid Network – a launched a bitcoin sidechain in 2018 to provide faster transactions – That -secure the $ 210 million in financing through the changing notes in October.
Blockstream joins companies such as Grayscale, Pantera, Galaxy Digital, and Crypto.com on offering investment-focused funds focused on various levels of industry exposure.
Related: Financial institutions want bitcoin and etf: backstream’s adam back
Blockstream CEO and Bitcoin Pioneer Adam Back are among the many industry leaders who derided President Donald Trump’s plans for a strategic crypto reserve because it will include cryptocurrencies in addition to Bitcoin.
Source: Adam returned
Donald Trump announced the Strategic Crypto Reserve on March 2, saying it would include Bitcoin and Ether (Eth).
However, he sparked a criticism wave for the XRP (XRP), Solana (Sol), and Cardano (Ada) in reserve.
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