#Blockstream
Blockstream:
* Launch of funds:
* Blockstream plans to launch three new funds on April 1, 2025.
* Two of these funds will specialize in lending in the cryptocurrency sector.
* The third fund will employ hedge fund strategies.
* Lending:
* Institutional clients will be able to obtain financing using Bitcoin as collateral.
* The company will provide liquidity without the need to sell Bitcoin.
* Capital raising:
* Blockstream plans to start accepting additional external capital from July 1.
* Blockstream Investments:
* Blockstream has raised "multi-billion dollar investments" to launch its new funds.
* Previously, Blockstream raised $210 million in a Series B funding round in 2021 at a valuation of $3.2 billion.
These steps by Blockstream indicate the growing institutionalization of the cryptocurrency market and the emergence of new Bitcoin-based financial products.