|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Blockstream Announces Sean Bill as Chief Investment Officer, Launches Asset Management Division
Nov 20, 2024 at 01:08 am
Blockstream, a Bitcoin infrastructure company, has announced Sean Bill as its new Chief Investment Officer (CIO). The announcement marks the launch of the company's Asset Management Division, which aims to develop Bitcoin-based financial products targeting institutional investors.
Bitcoin infrastructure company Blockstream has announced the launch of its Asset Management Division and the appointment of Sean Bill as its Chief Investment Officer (CIO).
The division will concentrate on developing Bitcoin-based financial products for institutional investors, as Blockstream expands its presence in the rapidly growing market.
Blockstream's existing technology, such as the Liquid Network, will be utilized by the new division to create investment products. The Liquid Network is a Bitcoin sidechain that enables the tokenization of assets.
The company intends to launch a Bitcoin yield fund and a USD yield fund as part of its asset management strategy. The Bitcoin yield fund will function similarly to a money market fund for Bitcoin holders, while the USD yield fund will generate returns by using Bitcoin-backed loans.
Both products aim to meet the rising demand for yield-generating Bitcoin-based investments.
Blockstream will tokenize these products on the Liquid Network using its Asset Management Platform (AMP). The platform includes features such as whitelisted asset issuance and compliance with AML and KYC regulations.
Currently, the Liquid Network holds over $2 billion in tokenized assets, including stablecoins and U.S. Treasury bills, which constitutes a significant portion of blockchain-based real-world assets.
Bill joins Blockstream after serving as a hedge fund manager and public pension fund officer, bringing a wealth of experience in institutional investments. He is also known for his advocacy for Bitcoin adoption.
At Blockstream, Bill will be responsible for integrating Bitcoin technology into institutional financial strategies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Dogecoin (DOGE) Loses Momentum in the Meme Coin Race, Ranks 57th by Weekly Price Growth
- Nov 20, 2024 at 04:26 am
- Dogecoin (DOGE) recently hit a three-year high, fueled by the election results and news of Elon Musk's role in co-leading a Department of Government Efficiency (D.O.G.E.) under Donald Trump.
-
- Top 5 Cryptocurrencies to Consider in November 2024: A Diversified Approach to Market Growth
- Nov 20, 2024 at 04:26 am
- The crypto market is a dynamic and ever-evolving space, presenting both challenges and opportunities for investors. While the inherent volatility may seem daunting, selecting the right cryptocurrencies at the right time can lead to significant returns.
-
-
- DTX Exchange (DTX): A New Crypto Coin Turning Heads in the Current Bull Cycle
- Nov 20, 2024 at 04:25 am
- The latest bull cycle offers many opportunities for investors targeting altcoins under $1. Cardano (ADA) and Pepe (PEPE) have dominated the market with strong bullish performance and exclusive value propositions.
-
-
- XRP Price Prediction: Will the Ripple-Backed Token Retest Its All-Time High of $3.84?
- Nov 20, 2024 at 04:25 am
- XRP, the Ripple-backed token, is garnering significant attention from analysts and investors. The token's bullish technical indicators coupled with rumors of SEC Chair Gary Gensler's exit have ignited speculation about a potential price surge.
-
- XRP ETF Potential and Bitcoin ETFs Unprecedented Growth Highlighted in the Thinking Crypto Podcast
- Nov 20, 2024 at 04:25 am
- The Thinking Crypto Podcast recently spotlighted key developments in the cryptocurrency sector during a discussion between host Tony Edward and Matt Hogan, Chief Investment Officer at Bitwise Asset Management.
-
-
- Aureal One (DLUME) Positioned to be the Next Crypto to Explode
- Nov 20, 2024 at 04:25 am
- Much of the cryptocurrency market is still booming with great projects that promise massive growth. Well-known cryptocurrencies such as Dogecoin and Shiba Inu are getting most of the attention, but some lesser-known currencies are definitely worth your attention.