According to Deep Tide TechFlow, on November 25, Bitcoin infrastructure technology company Blockstream announced the appointment of hedge fund veteran Sean Bill as Chief Investment Officer (CIO), responsible for leading the newly established asset management department.
Bill previously served as CIO of Prime Meridian Capital Management. Blockstream is developing a Bitcoin yield fund and a dollar yield fund, the former providing money market fund functions for BTC holders, while the latter offers Bitcoin-backed loan yield opportunities.