Blockstream to launch Bitcoin lending funds with multi-billion investment

0

Blockstream is set to launch three funds in total, two of which will allow institutional investors to lend and borrow with Bitcoin collateral.

Bitcoin developer Blockstream has secured a multibillion-dollar investment to launch three new institutional funds, including two that will enable lending Bitcoin.

“Blockstream’s institutional-grade Bitcoin investment solutions will go live on April 1, with external capital acceptance opening on July 1,” the firm stated on X on March 4, confirming an earlier Bloomberg report.

It added that the investment products will offer Bitcoin-backed lending and secure institutional financing with Bitcoin (BTC) collateral, USD-collateralized borrowing enabling investors to unlock liquidity without selling Bitcoin, and hedge fund strategies offering institutional-grade exposure to Bitcoin markets.

Read more

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert

Bitte geben Sie den Coingecko Free Api Key ein, damit dieses Plugin funktioniert

Subscribe To The Latest Crypto News

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.