Blockstream To Launch Finance Division

Bitcoin infrastructure company Blockstream will acquire bitcoin hedge fund manager Adamant Capital to serve as the basis of Blockstream Finance, a new division focused on offering bitcoin-focused investment products built on the Liquid sidechain, per a release shared with Bitcoin Magazine.

Blockstream highlighted its recently-launched Blockstream Mining Note (BMN), a Liquid-based security token that is designed to give investors exposure to Bitcoin mining, as an example of the types of financial products it wants to provide through the new division.