Blockstream Announces New Crypto Investment Funds
Blockstream's New Investment Ventures
Blockstream Unveils New Investment Funds
In recent news, Blockstream, known for its contributions to Bitcoin development, is set to introduce three new investment funds. The company's announcement on Tuesday highlights a focus on crypto lending among its offerings.
Investment Focus
The first two of these funds will have a concentration on crypto lending. One will provide Bitcoin-backed loan opportunities, while the other enables borrowing crypto using U.S. dollars as collateral. A third fund aims to implement hedge fund strategies.
The Visionary Behind Blockstream
Established by renowned Bitcoin developer Adam Back, Blockstream continues to make strides in the crypto industry with these latest financial initiatives.