Blockstream steps in to acquire traditional hedge funds to offer institutional players a "dual cultivation" strategy

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【Chain News】The crypto space is buzzing again—Blockstream Capital Partners announced yesterday that they will acquire Corbiere Capital Management, a hedge fund.

The latter is no unknown player; although founded only in 2023 in Jersey, founder Rodrigo Rodriguez has solid experience in stock hedge strategies. The acquisition amount was not disclosed, but it seems significant: Blockstream plans to integrate their stock strategies and event-driven approaches into their Bitcoin product line, creating a “traditional + crypto” combo for institutional clients.

The key personnel change is Rodriguez being promoted directly to Chief Investment Officer of the new entity, Blockstream Capital Management. In essence, it’s about blending Wall Street tactics with the crypto world to offer more options for large-scale investments.

This move is quite interesting—while traditional finance is increasingly focusing on digital assets, crypto institutions are now starting to adopt traditional strategies.

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EntryPositionAnalystvip
· 16h ago
Wall Street veterans entering the crypto scene, this game is getting interesting --- Same old tricks, can you really make money just by copying traditional finance? I’m skeptical --- Forget whether Rodriguez is impressive or not, the key figures are not disclosed. Is this deal a bit shady? --- The combo punch sounds sophisticated, but it’s probably just gambling on institutional buy-in --- Is the Jersey Island fund so popular? Learned something new --- Honestly, I have little expectation for this hybrid of traditional + crypto; both sides are probably not doing their best --- Is Rodriguez’s promotion to CIO an official announcement or a smokescreen? Hard to tell --- Will institutional clients really pay for this combo punch? The market still seems to be on the sidelines --- Blockstream’s move to attract both traditional and crypto traffic shows big ambitions --- All this complexity, might as well go all in on Bitcoin for a more straightforward approach
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GasFeeSurvivorvip
· 17h ago
Wall Street veterans are entering the scene. Now the real show begins. What kind of tricks can traditional finance and crypto mashup bring?
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RumbleValidatorvip
· 17h ago
Can seasoned Wall Street professionals and on-chain believers truly collaborate seamlessly? I remain skeptical. Ultimately, the core issue is the stability of validation nodes and the consensus mechanism. Whether this hedging logic can hold up in the face of high volatility in crypto networks depends on the data.
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SatsStackingvip
· 17h ago
Whoa, Blockstream is causing a stir again. This time, they've directly recruited people from Wall Street. It seems they're really trying to play both sides.
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CryingOldWalletvip
· 18h ago
Wall Street's tactics are coming in. This round is indeed played very skillfully, combining traditional hedging with Bitcoin for a one-stop service. Rodriguez's move to become CIO was also brilliant, directly shifting Wall Street personnel towards crypto. Institutional clients are eager to adopt this combination. Blockstream is aiming to understand the entire market thoroughly, covering everything from retail investors to institutions. The scope is quite large. The amount has not been disclosed. The hidden behind-the-scenes dealings are definitely not cheap, truly absorbing traditional funds. The integration of traditional finance and crypto is bound to happen sooner or later, but the true effectiveness of this combination remains to be seen. Just wondering, is the logic Rodriguez brought over still effective in the face of Bitcoin? After all, these two are completely different.
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OneBlockAtATimevip
· 18h ago
Oh no, it's the usual "traditional + crypto" combo again. Blockstream really wants to have it all.
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