TechFlow reported on January 24 that, according to an official announcement, Bitcoin infrastructure technology company Blockstream has launched its Asset Management division (BAM) and plans to introduce two Bitcoin investment funds in Q1 2025: the Blockstream Income Fund and the Blockstream Alpha Fund. A third fund, the Blockstream Yield Fund, will be launched later this year.
The newly appointed Chief Investment Officer, Sean Bill, stated that these products aim to meet the needs of institutional and high-net-worth investors while promoting the development of the Bitcoin ecosystem. The Income Fund will primarily offer Bitcoin collateralized loans with targeted returns in the high single-digit to low double-digit range, with loan amounts ranging from $1 million to $5 million. The Alpha Fund will employ diversified strategies including derivatives trading, event-driven tactics, and Lightning Network node operations.
Previous report, earlier this month Blockstream invested $75 million in digital asset custodian Komainu and completed a $210 million convertible note financing round led by Fulgur Ventures.
