Blockstream acquires Elysium Lab and launches BTC ecosystem incubator Blockstream CH SAGL

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According to ChainCatcher, Bitcoin financial infrastructure company Blockstream announced on X platform the acquisition of Swiss digital asset company Elysium Lab. The specific acquisition amount has not been disclosed. After the transaction, Blockstream will obtain the patents and intellectual property assets held by Elysium Lab, and plans to establish its European market headquarters and launch a BTC ecosystem incubator entity called Blockstream CH SAGL. This incubator will advance Bitcoin native product development, ecosystem participation, and regional research and development.

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