Blockstream has officially acquired Elysium Lab GmbH, a Swiss digital‑asset startup based near Lugano, founded in 2022 by Aron Clementi and Gianmarco Guazzo . This takeover was announced in late July 2025 and marks the creation of Blockstream CH SAGL—their new European headquarters and incubator entity headquartered in Ticino, Switzerland .
This acquisition gives Blockstream:
Immediate access to talent, technology, and active infrastructure in Switzerland,
A fully operational regional base in one of Europe's leading fintech hubs,
Control of Elysium Lab’s patents and intellectual property, including its KARE SDK keyless authentication framework and other secure asset management assets .
This move builds on Blockstream’s November 2024 launch of the Lugano Research Center, consolidating its European R&D capabilities and offering CHF 100,000 grants to startups and developers relocating to Lugano to build on the Liquid network and related Bitcoin-native infras#CryptoScamSurge #BNBBreaksATH #AmericaAIActionPlan tructure .
