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Blockstream

Blockstream

Blockstream was founded to drive innovation in cryptocurrencies, open assets, and smart contracts. The company’s team is dedicated to harnessing the potential of Bitcoin and blockchain technology to create a positive social impact.

Blockstream’s primary focus is on sidechains, a technology aimed at enhancing the blockchain, which is the most powerful public utility for distributed trust systems. Sidechains are blockchains that can interoperate with each other and Bitcoin, helping to address issues like liquidity shortages, market fluctuations, fragmentation, security breaches, and fraud commonly seen with alternative cryptocurrencies.

Recently, Blockstream secured $55 million in Series A funding to further develop their sidechain technology, expand operations globally, and support new industry partnerships, bringing the total investment in the company to $76 million.

Contact Info

Victoria, British Columbia, Canada