Digital asset infrastructure company Blockstream has announced that it will officially launch its three Bitcoin-backed funds, following the acquisition of a multibillion-dollar investment.
The Canadian firm confirmed on platform X that its “institutional-grade Bitcoin investment solutions will be available starting April 1.” Additionally, the firm plans to begin integrating external capital on July 1.
Bloomberg initially reported that two of these funds will facilitate Bitcoin lending, citing unnamed sources. One fund will underwrite loans backed by Bitcoin, while the other will utilize US dollars as collateral for crypto borrowing. The third fund will employ hedge fund strategies to offer institutional-grade exposure to Bitcoin markets.
As cryptocurrencies gain wider adoption and Bitcoin prices rise, there is growing demand for loans that enable Bitcoin holders to unlock liquidity without selling their assets.
