New: Blockstream Raises $210 Million To Expand Bitcoin Treasury And Develop Projects.

Blockstream, a pioneering force in Bitcoin infrastructure, has secured an impressive $210 million through a convertible note financing round led by Fulgur Ventures. This substantial investment is set to fast-track the adoption of Blockstream's innovative Bitcoin Layer 2 solutions, including the Liquid Network and Core Lightning, which aim to make Bitcoin transactions faster and more affordable.

Adam Back, Blockstream's co-founder and CEO, described the funding as a pivotal moment in the company's journey, marking the beginning of a crucial growth phase to strengthen the connection between Bitcoin and the global financial landscape. In addition to enhancing its Layer 2 technologies, Blockstream plans to expand its mining operations and bolster its Bitcoin reserves, positioning itself for the next market cycle.

With more than $1.8 billion in assets issued on the Liquid Network, including stablecoins and tokenized bonds, and over 3,844 BTC locked onchain, Blockstream is solidifying its role as a cornerstone of the Bitcoin ecosystem. This strategic move is poised to capitalize on the rising interest in Bitcoin as a major asset class and fuel the widespread adoption of digital asset tokenization.