Blockstream’s New Bitcoin Funds: Income and Alpha Funds Now Live
Blockstream– Bitcoin developer Blockstream has successfully secured a multibillion-dollar investment to launch three new institutional funds, including two focused on Bitcoin-backed lending solutions. The announcement was made on March 4, confirming a previous Bloomberg report.
The firm revealed that its institutional-grade Bitcoin investment solutions will go live on April 1, with external capital acceptance opening on July 1. These investment products will offer a range of services, such as Bitcoin-backed lending, institutional financing secured with Bitcoin collateral, and USD-collateralized borrowing, which will allow investors to unlock liquidity without the need to sell their Bitcoin holdings.
Introducing New Funds: Income Fund and Alpha Fund
Blockstream has already introduced its new asset management business in January, unveiling two funds: the Income Fund and the Alpha Fund. The Income Fund targets loans between $100,000 and $5 million, while the Alpha Fund is designed for portfolio growth and exposure to infrastructure-based revenue streams, such as Lightning Network node operations.
Blockstream joins the ranks of other major players in the crypto investment space, including Grayscale, Pantera, Galaxy Digital, and Crypto.com, by offering funds that provide varying levels of exposure to the cryptocurrency industry. The firm’s offerings include products like the Liquid Network, a Bitcoin sidechain launched in 2018 to facilitate faster transactions.
Blockstream’s Financing and Industry Position
In October, secured $210 million in financing through convertible notes. The company continues to grow its presence in the crypto market, with a focus on providing institutional-grade investment solutions. Blockstream CEO Adam Back, a Bitcoin pioneer, has been vocal about his opposition to President Donald Trump’s crypto reserve plans, which would include cryptocurrencies other than Bitcoin.
Blockstream’s new funds mark a significant step forward in the development of institutional investment solutions for the growing Bitcoin market.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
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