Author: The BTC Times
Lugano, Switzerland | Nov. 6, 2024 — Blockstream, the worldwide chief in Bitcoin infrastructure know-how, has unveiled a brand new state-of-the-art R&D heart in Switzerland in the present day devoted to accelerating the event of cutting-edge monetary options on the Liquid and Lightning networks. Located in Lugano, the middle will assist additional drive Blockstream’s mission to advance Bitcoin’s function in reshaping world finance, drawing on collaboration with native companions, startups and the thriving Construct on L2 neighborhood to develop revolutionary purposes on Bitcoin’s two hottest Layer-2s. The opening of the brand new analysis heart follows a collection of profitable L2-related occasions co-hosted…
Montreal, QC, Oct. 15, 2024 — Blockstream has efficiently closed a $210 million convertible notice financing spherical led by Fulgur Ventures, marking a pivotal shift in its evolution as the worldwide chief in monetary infrastructure know-how powered by Bitcoin. The capital shall be used to speed up the market adoption and growth of Blockstream’s layer-2 applied sciences, increase its mining operations in preparation for the following Bitcoin market cycle, and considerably develop Blockstream’s already-substantial Bitcoin Treasury—positioning it as one of many largest publicly recognized treasuries on this planet. Blockstream’s layer-2 options, powering each the Liquid and Lightning networks, handle rising demand from…