Blockstream has acquired Swiss-based digital asset firm Elysium Lab and launched Blockstream CH SAGL, a brand new entity that can function its European headquarters and incubator.
Huge information from Switzerland 🇨🇭
We’ve acquired Elysium Lab (@ElysiumLab_io) and launched our new Blockstream European HQ in Lugano.
This expands our presence in Europe and deepens our dedication to constructing Bitcoin infrastructure throughout the area.
🧵⬇️ pic.twitter.com/Oy5fAG217v
— Blockstream (@Blockstream) July 21, 2025
The transfer expands the corporate’s operational footprint in Switzerland and formalizes its presence within the area.
“Bringing Elysium Lab into Blockstream strengthens our Swiss presence and amplifies our dedication to nurturing innovation throughout Europe,” stated Dr. Adam Again, Blockstream’s CEO and co-founder.
“This acquisition reinforces our strategic enlargement within the area and underscores our function as an ecosystem builder.”
The acquisition follows Blockstream’s November 2024 institution of the Lugano Analysis Heart.
Blockstream CH SAGL will coordinate regional efforts in collaboration with the Lugano Analysis Heart and the corporate’s R&D group in Turin.
These places will help analysis, product improvement, and cross-border collaboration centered on Bitcoin-related applied sciences.
Blockstream can be introducing a CHF 100,000 grant program to encourage startups and builders to construct on its know-how platforms, together with the Liquid Community.
The grants have been first introduced on the 2024 Plan ₿ Discussion board and are meant to incentivize relocation and improvement in Lugano.
“Buying Elysium offers us fast entry to expertise, know-how, and a totally operational presence in Switzerland, one of many world’s main monetary facilities,” stated Monette Stephens, VP of Company Growth.
“This strengthens our place to serve institutional purchasers and scale our Bitcoin infrastructure choices throughout key markets.”
The settlement contains the addition of Elysium Lab’s group and mental property to Blockstream’s operations.
Elysium Lab was based in 2022 by Aron Clementi and Gianmarco Guazzo and has been concerned in Switzerland’s digital asset sector.
“Becoming a member of Blockstream permits us to contribute to a broader imaginative and prescient of Bitcoin-native infrastructure worldwide, alongside one of many business’s most revered names. As a Swiss founder, I’m proud to assist carry ahead our nation’s long-standing custom of monetary innovation,” stated Clementi.
“We constructed Elysium to convey Bitcoin to the plenty,” Guazzo added. “Changing into a part of Blockstream lets us take that work additional, and on a a lot bigger scale with a group whose technical management and mission carefully align with our personal.”
Blockstream acknowledged that the acquisition is a part of its ongoing effort to broaden analysis and improvement actions associated to Bitcoin infrastructure inside Europe.
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