Summary
- Blockstream announced its entry into the Bitcoin fund market with the launch of the Blockstream Income Fund and the Blockstream Alpha Fund.
- The Blockstream Income Fund aims to provide dollar-denominated returns through Bitcoin-backed loans.
- The Blockstream Alpha Fund offers exposure to infrastructure revenues from the Lightning Network.
Blockchain development company Blockstream is entering the Bitcoin (BTC) fund market.
According to Forbes on the 24th (local time), Blockstream unveiled its new asset management ventures, the Blockstream Income Fund and the Blockstream Alpha Fund. Both funds are scheduled to launch in the first quarter of this year.
The Blockstream Income Fund aims to provide loans secured by Bitcoin to Bitcoin-native startups and companies holding digital asset inventory on the Blockstream network, thereby offering returns denominated in dollars.
The Blockstream Alpha Fund is designed to offer exposure to infrastructure revenues, such as those from operating the Lightning Network.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
