I am pleased to share that Blockstream, a leading company in Bitcoin financial infrastructure, has acquired the Swiss digital asset firm Elysium Lab. While the financial terms of the deal have not been publicly disclosed, this acquisition gives Blockstream full access to Elysium Lab’s patents and intellectual property.

As a result of this strategic move, Blockstream will establish its European market headquarters in the region. Additionally, I will be launching a new entity—Blockstream CH SAGL, an incubator designed to accelerate the development of native Bitcoin products. Through this initiative, we aim to strengthen regional R&D efforts, support innovation within the Bitcoin ecosystem, and foster deeper ecosystem engagement across Europe.$BTC