it all started
With Just One Email
about
Blockstream
Capital Partners
Blockstream Capital Partners (BCP)
is an investment group of Bitcoin pioneers focused on the convergence of Bitcoin’s role in institutional finance.
BCP’s executive team comprises early Bitcoin investors, active prior to the first halving, and seasoned institutional finance leaders with decades of experience partnering with institutional investors through affiliated regulated entities.
Core activities span private market investments and capital formation initiatives.
Capital Preservation
Emphasis on conservative capital deployment and long-term holding.
Disciplined Risk Management
Conservative leverage policies, liquidity buffers, and full collateralisation.
Bank-Familiar Governance
Institutional controls designed to mirror traditional financial market standards.
investment
Thesis
Core Belief
Bitcoin operates independently of sovereign monetary policy and provides a secure, resilient base layer for regulated financial instruments and institutional capital markets activity.
Bitcoin is a long term strategic asset due to its fixed supply, secure open source architecture, and increasing institutional adoption.
1
Long Term Strategic Asset
Fixed supply and transparent architecture support its role as a long duration store of value.
2
Institutional Adoption
Increasing acceptance globally as a treasury and balance sheet asset by institutions and corporates.
3
Conservative Treasury
Focus on long term holding and prudent deployment with capital structures aligned to traditional frameworks.
4
Risk First Design
Emphasis on capital preservation with governance modeled on established financial market standards.
Strategic Vision
Building a fully integrated Bitcoin financial ecosystem spanning infrastructure, custody, and institutional investment platforms.
PeterPaul Pardi
Managing Partner
Blockstream Capital Partners
Strategic Vision
Building a fully integrated Bitcoin financial ecosystem spanning infrastructure, custody, and institutional investment platforms.
Our Investments












JAN 2025
Komainu Strategic Investment
$75M investment into Komainu, regulated digital asset custodian backed by Nomura’s Laser Digital. BCP funded in Bitcoin with hedging.
• Institutional custody
• Collateral management
• Exchange connectivity
APRIL 2025
Meanwhile
• Bermuda-based regulated carrier
• Bitcoin denominated operations
• Bitcoin denominated reg cap
MAY 2025
CapitalB investment
BTC-Denominated convertible bonds
• Public Bitcoin treasury
• BTC capital markets
JULY 2025
Bitcoin Standard Treasury Company
Co-founded BSTR, which at launch will be one of the largest Bitcoin treasuries.
• Active Bitcoin treasury management
• US capital markets
• Institutional
OCT 2025
JIKO
Strategic investment into T-Bill technology platform.
• US national bank charter
• US registered broker-dealer
OCT 2025
Berglinde AG Acquisition
Swiss Bitcoin backed lending specialist. Established expertise in institutional risk management and overcollateralised loan structures.
• Bitcoin backed lending
• Risk management expertise
DEC 2025
Corbiere Capital Acquisition
Jersey based multi strategy hedge fund. Rodrigo Rodriguez (25+ yrs JPMorgan, Credit Suisse) appointed Co CIO.
• Equity markets expertise
• Event driven strategies
JAN 2026
ZBD
Regulated fiat and Bitcoin based payments for the Gaming industry.
• US MTL licensing
• European MiCA and EMI licenses
JAN 2026
Numeus Derivatives Team
10-person derivatives trading team acquired. Deepak Gulati (ex JPMorgan Global Head Prop Trading) appointed Co CIO.
• Bitcoin derivatives expertise
• Bitcoin volatility strategies
recent
BCP Transactions ²
from bitcoin origins to
Global Scale
Blockstream Capital Partners’ multi-strategy platform brings the rigor, governance, and sophistication expected by institutional allocators to the Bitcoin ecosystem. By embedding Bitcoin within established frameworks across credit, venture, real assets, and alpha strategies, BCP is transforming it from a niche asset into a core component of institutional portfolios.
Mission:
To institutionalize Bitcoin capital deployment using traditional financial structures, controls, and governance.
Over
10
Global Locations
First Involved In Bitcoin
2008
The Email
Over
$1 Billion¹
Cumulative capital deployed across affiliated initiatives since inception
Over
200
Employees Worldwide
Bitcoin Education, Built on Protocol Expertise
A premier learning platform for TradFi allocators of capital. Our curriculum focuses on the decisions that allocators face including: Investment Strategies, Investment Operations, Regulations, & Technology.
answer your questions
Our FAQ
Disclaimer: The following FAQ responses are provided for general informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation of any investment product or service. Availability of any activities described herein is subject to jurisdictional restrictions and investor eligibility requirements.
What is Blockstream Capital Partners?
Blockstream Capital Partners (BCP) is an investment group of Bitcoin pioneers focused on the convergence of Bitcoin’s role in institutional finance. The team combines early Bitcoin investment experience with decades of institutional capital management expertise.
How is BCP connected to Blockstream?
Blockstream is majority owned by Adam Back and other bitcoin pioneers. Blockstream focuses on building core systems that support the Bitcoin network and institutional Bitcoin use cases.
What types of investment activities does BCP focus on?
BCP participates in venture capital, private equity, credit, and other private investment initiatives through affiliated regulated entities.
What is BCP’s investment philosophy?
BCP’s investment philosophy is rooted in conservative, long-term capital deployment. The firm emphasizes capital preservation, disciplined risk management, and governance frameworks aligned with traditional financial market standards.
How does BCP manage risk and governance?
BCP operates using formal legal structures, defined governance responsibilities, independent risk oversight, conservative leverage policies, liquidity buffers, and bank-grade reporting standards designed for institutional counterparties.
What is the Blockstream Institute?
Blockstream Institute is the premier destination for education and research focused on the Bitcoin ecosystem. It brings together world-class educators, industry leaders, and cutting-edge technologists to provide deep insights into Bitcoin and its surrounding innovations.
Liquid Strategies
Diversified, actively managed Bitcoin-referenced strategies that target consistent returns from Bitcoin market volatility.
Yield / Income
Structured and private credit, insurance and reinsurance investments, integrating Bitcoin as collateral.
Bitcoin Treasuries
Invests and Advises in Bitcoin strategies for public and private companies with Digital Asset Treasuries that include Bitcoin.
Footnotes
¹ Represents cumulative capital deployed across proprietary and affiliated investment initiatives since inception. This figure does not represent regulatory assets under management (AUM) and does not imply ongoing advisory mandates.
² Selected transactions reflect proprietary or affiliate investment activities and are presented for informational purposes only. They do not represent client portfolios or managed accounts.
