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Cryptocurrency investment firm Blockstream to acquire traditional finance hedge fund Corbiere Capital
PANews December 12 News, according to CoinDesk, crypto investment firm Blockstream Capital Partners (BCP) announced in a press release on Thursday that it plans to acquire Corbiere Capital Management. Corbiere Capital Management is a hedge fund based in Jersey, founded by Rodrigo Rodriguez in 2023. Financial details of the acquisition were not disclosed. BCP stated that after acquiring Corbiere Capital Management, it will add equity and event-driven strategies to its existing Bitcoin-related products, building a multi-strategy platform aimed at institutional investors. This merger aims to create a more diversified portfolio, combining traditional securities with Bitcoin-related exposure. Rodriguez will serve as the Chief Investment Officer of the newly established asset management entity under BCP — Blockstream Capital Management.