Blockstream Launches Asset Management Division with Two Bitcoin Investment Funds
Blockstream has launched Blockstream Asset Management (BAM) to offer institutional and accredited investors new Bitcoin investment opportunities.
- BAM introduces two funds: Blockstream Income Fund and Blockstream Alpha Fund, launching before the end of Q1 2025.
- A third fund is planned for later this year.
The funds operate under the 506(c) exemption, allowing public marketing but restricting participation to accredited investors. This approach aims to enhance visibility while complying with regulations.
- Blockstream Income Fund targets yield-focused investors with stable USD returns backed by Bitcoin collateral, projecting yields from high single digits to low teens.
- Blockstream Alpha Fund is tailored for sophisticated investors, utilizing a high-performance strategy within the Bitcoin ecosystem.
Both funds were developed under the leadership of CEO Adam Back and Chief Investment Officer Sean Bill, who emphasizes their design to meet the needs of institutional investors while promoting Bitcoin adoption.
Blockstream recently raised $210 million in Series B funding, increasing its valuation to $3.2 billion, with investments directed towards Bitcoin mining infrastructure. The company also collaborates with major financial institutions to promote sustainable Bitcoin mining solutions.