Blockstream Stock

blockstream.comFinTech / BlockchainFounded: 2014Funding to Date: $247MM

Founded in 2014, Blockstream builds crypto-financial infrastruture based on Bitcoin and is a developer of a blockchain technology designed to streamline the financial infrastructure. It was founded by Adam Back, Erik Svenson, Pieter Wuille, and others and is currently headquartered in British Columbia, Canada.

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Team

Management Team

Lawrence Nahum
Chief Architect
Jeff Boortz
Chief Product Officer
Erik Svenson
President & Chief Financial Officer
Dr. Adam Back
Co-Founder & Chief Executive Officer

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News Highlights

Blockstream's new service aims to make Lightning integration a breeze

Blockstream's Greenlight Lightning-as-a-Service (LaaS) solution is now globally available for businesses. The service simplifies node operations for companies, allowing them to focus on user needs. It also helps developers integrate Lightning payments into their applications using Blockstream's API, removing the complexities of setting up a node. Some major exchanges like Binance, Coinbase, and Kraken have already implemented Lightning payments.

Blockchain to the moon! Crypto companies’ outer space plans are less silly than you think

Crypto companies are increasingly seeing the intersection of digital assets and space as a viable business opportunity. Various firms, including Cryptosat, Blockstream, SpaceChain, and Filecoin, are working on projects to integrate blockchain with space technology or use the remoteness of space to secure decentralized ledgers. These initiatives range from securing inter-satellite communications and enhancing existing space technology to using space technology to improve blockchains themselves.

Bitcoin Mining Hardware from Blockstream Expected in 2024

Blockstream, a Bitcoin technology company, plans to release its highly anticipated Application-Specific Integrated Circuit (ASIC) miner in 2024. This follows the acquisition of Bitcoin mining hardware maker Spondoolies, and the successful raising of $125 million to expand mining operations. The new ASIC miner's release has been delayed from its initial 2022 launch date.
Updated on: Jul 17, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.