Blockstream Acquires Numeus Trading Division for BTC Derivatives Focus

Blockstream Capital Partners has announced the acquisition of Numeus Group’s derivatives trading division, based in Switzerland. This strategic move, confirmed on [date], focuses on Bitcoin (BTC) derivatives and yield strategies to enhance institutional offerings.

Blockstream’s acquisition underscores the growing institutional interest in structured Bitcoin solutions, potentially reshaping market dynamics as firms seek robust yield strategies in volatile environments.

Blockstream Capital Partners, affiliated with Bitcoin infrastructure leader Blockstream, has acquired a derivatives-focused trading division from Numeus Group. This transaction aims to strengthen Bitcoin derivatives trading and yield strategies, significantly enhancing their institutional Bitcoin finance offerings.

The deal involves Deepak Gulati, a key figure in the trading space, who now assumes the role of Co-Chief Investment Officer at Blockstream Capital Management. His team’s incorporation boosts Blockstream’s institutional trading expertise and platform capabilities.

The acquisition positions Blockstream to scale up its institutional-grade Bitcoin derivatives operations, catering to the high demand for yield-enhancing strategies. This move is expected to bolster Blockstream’s capabilities in handling these trades within a robust risk management framework.

The strategic addition of Gulati’s team enhances Blockstream’s ability to integrate proprietary trading strategies within their existing infrastructure, positively impacting the firm’s ability to offer tailored solutions to institutional investors.

PeterPaul Pardi, Managing Partner, Blockstream Capital Partners, said: “Core to the growth of our business is industry-leading talent, proprietary trading strategies and adding to our best-in-class risk management. Deepak brings a rare blend of institutional TradFi rigor and hands-on digital assets trading expertise. By acquiring Numeus’s trading business, we’re adding proven crypto-derivatives and volatility capabilities that institutions increasingly demand, while strengthening our platform offering.”

Gulati’s extensive experience is anticipated to advance Blockstream’s Bitcoin-centric trading strategies significantly. Blockstream’s acquisition aligns with its objective to dominate the institutional market segment by leveraging new talent and additional trading strategies.

The focus remains on Bitcoin, with no immediate implications for ETH or other altcoins. Blockstream’s institutional offerings aim to incorporate leading expertise and robust analytics for comprehensive risk management in volatile market conditions.