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.
