Bitcoin development firm Blockstream is preparing to launch three investment funds this April. Among these funds, two will concentrate on cryptocurrency lending.

Key Highlights:

• Blockstream has raised several billion dollars to initiate these funds, including plans for Bitcoin-backed loans and cryptocurrency borrowing using U.S. dollars as collateral.
• The initiative emerges amid efforts to expand Blockstream’s presence in Japan, focusing on advancing Bitcoin Layer-2 solutions, self-custody practices, and tokenization of real-world assets.

Blockstream’s co-founder, Adam Back, recently tweeted about this significant development, which marks a notable step following the setbacks in the crypto lending market after the collapse of major players like FTX.

The funds are expected to become operational in April, with opportunities for additional external capital starting in July.