Blockstream will strategically acquire the digital asset trading division of Numeus, aiming to explore BTC derivatives business

According to Businesswire, Blockstream Capital Partners (BCP) announced that it has reached an agreement to strategically acquire the digital asset trading and investment business unit of Numeus Group, with the specific acquisition amount not disclosed.

It is reported that after the acquisition is completed, BCP plans to explore specific Bitcoin derivative trading strategies focused on yield generation to support the growing demand for crypto derivatives and volatility trading from institutional clients.