Crypto institutions are taking over traditional hedge funds. BCP, are you planning to adopt a hybrid strategy?

【Blockchain Motion】On December 12th, another acquisition news emerged in the crypto circle. Blockstream Capital Partners has set its sights on a Jersey-based hedge fund — Corbiere Capital Management. This fund was established in 2023 by Rodrigo Rodriguez and mainly focuses on stock hedging strategies. The exact amount spent has not been disclosed, but the moves are quite clear.

The intention behind BCP’s acquisition this time is straightforward: to combine traditional stock trading with Bitcoin investment. Their existing Bitcoin product line will be enhanced with new elements — stock strategies and event-driven approaches, aiming to build a multi-strategy platform specifically serving institutional investors. In simple terms, it’s about diversifying the investment portfolio to benefit from traditional securities while also capturing the Bitcoin opportunity.

Rodriguez’s efforts are not in vain this time; he has been directly appointed as the Chief Investment Officer of the newly established Blockstream Capital Management. An institution focused on crypto proactively embracing traditional finance talent — this signals something worth pondering.