TechFlow News — On November 21, according to CrowdFund Insider, Blockstream, a bitcoin infrastructure technology provider, announced the launch of an asset management division and appointed former hedge fund expert Sean Bill as Chief Investment Officer (CIO). The new division will develop two primary products: a Bitcoin Yield Fund and a U.S. Dollar Yield Fund. The former will function similarly to a bitcoin money market fund, while the latter will generate returns for investors through bitcoin-backed loans.
Adam Back, co-founder and CEO of Blockstream, stated that this move comes at a time when bitcoin is reaching all-time highs and institutional investor interest has never been higher. The company plans to leverage its Asset Management Platform (AMP) to tokenize various assets on the Liquid Network. Data shows that real-world assets (RWA) on the Liquid Network have reached $1.8 billion, accounting for nearly 15% of the entire blockchain-based RWA market, including asset types such as stablecoins, securities, and U.S. Treasuries.
Newly appointed CIO Sean Bill said he will combine his financial expertise with Blockstream’s bitcoin technology to build innovative, market-driven products with technological leadership. All offerings will comply with necessary AML/KYC standards, aiming to strengthen bitcoin’s position in modern investment portfolios.
