Crypto currency

Blockstream Acquires Adamant Capital, Will Launch New 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.

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