Blockstream has established a new asset management division and will launch two Bitcoin investment funds in Q1
ChainCatcher news, according to Cointelegraph, blockchain development company Blockstream announced the launch of two institutional investment funds that will allow investors to gain direct access to the company's Bitcoin ecosystem and earn returns through Bitcoin-backed loans and other income sources.In an announcement on January 23, Blockstream unveiled its new asset management business, Blockstream Asset Management, and announced the upcoming launch of the Blockstream Income Fund and Blockstream Alpha Fund in the first quarter of this year. The Blockchain Income Fund aims to issue loans by providing Bitcoin as collateral to Bitcoin-native startups and companies within the Blockstream network that have a stock of digital assets, thereby generating returns denominated in USD.The fund focuses on loans ranging from $100,000 to $5 million. The Alpha Fund, on the other hand, focuses on portfolio growth, providing investors with opportunities to access "infrastructure-based income streams such as operating Lightning Network nodes." It is viewed as an actively managed fund that typically charges higher fees.