Blockstream Capital Partners (BCP) has acquired Berglinde AG, a Swiss financial services company known for Bitcoin-backed lending and institutional Bitcoin solutions. The move solidifies Blockstream’s presence in Europe and the company’s goal of connecting traditional finance with Bitcoin-based products.
Founded in 2024 and based in Zug, Switzerland, Berglinde AG has quickly become known among banks and institutional investors for its risk management expertise and secure Bitcoin-backed lending services.
The company offers overcollateralized loans backed by Bitcoin, allowing customers to access liquidity without having to sell their holdings. We also advise financial institutions on Bitcoin integration, regulatory compliance, and product development.
The acquisition marks a major step in BCP’s European expansion, following previous investments in Bitcoin infrastructure companies such as leading institutional custody provider Comainu.
With this new European division, Blockstream aims to build what it calls a “fully integrated Bitcoin financial ecosystem” covering custody, infrastructure, and asset management.
“We are excited to welcome Berglinde AG to Blockstream Capital Partners.” Peter Paul Pardi, Managing Partner of BCP, said:
“This acquisition reflects our long-term vision of building a fully integrated Bitcoin financial ecosystem across infrastructure, custody, and asset management.”
He added that by combining Swiss precision financial services with BCP’s global scale, the company can offer unparalleled value to institutional investors around the world.
This acquisition strengthens BCP’s presence in Switzerland and Europe, strategically positioning it in Europe’s growing Bitcoin and blockchain industry. Terms of the deal were not disclosed.
Berglinde combines Swiss banking expertise with Bitcoin-native products. Its services are targeted at high-net-worth individuals, banks, and institutions seeking secure and compliant exposure to Bitcoin.
“The partnership with Blockstream Capital Partners is a transformational step for Berglinde.” Phil Lojacono, Founder and Partner of Berglinde AG said:
“Together, we will open up new opportunities for the European Bitcoin economy and deliver institutional-grade products that combine innovation, transparency and long-term security.”
Berglinde is built on Swiss regulatory standards, compliance, transparency and multi-layered risk management.
The company’s expertise in regulated Bitcoin-backed lending will enable Blockstream to offer more financial products, tokenized assets, cross-border investment opportunities, and Bitcoin-based asset management.
Blockstream Capital Partners is an important part of the Blockstream universe. Blockstream Universe is a global powerhouse in Bitcoin and blockchain technology, run by Dr. Adam Back, an influential and highly respected figure in the Bitcoin community since its early days.
Dr. Buck is one of the few people to have had a direct email conversation with Bitcoin’s mysterious founder, Satoshi Nakamoto. Adam Back’s Hashcash paper was directly cited in the Bitcoin whitepaper.
BCP connects Bitcoin with institutional finance and invests in venture capital, private equity, credit, and real estate. All of this is based on Bitcoin’s growing importance in the global market.
Under Blockstream’s ownership, Berglinde will continue to operate from its Zug location, which now serves as Blockstream’s Swiss hub.
The team led by Rojakono will remain as the company expands across Europe and develops new financial products. The partnership is expected to strengthen both companies’ ability to serve institutional clients seeking compliant Bitcoin investment solutions.