Company Plans to Connect Institutional Capital with BTC
The company plans to connect institutional capital with BTC through a regulated structured product framework and third-party custodianship. This article is sourced from a piece by Cryptoslate, organized, translated, and written by Blockchain Knights.
(Background: Glassnode: Whales holding over 10,000 BTC bought strongly this month, while smaller investor groups sold Bitcoin)
(Context: Is Bitcoin about to surge? Arthur Hayes: The depreciation of the Renminbi will trigger massive capital flight from China into BTC)
Announcement of The Bitcoin Bond Company
On April 7, Pierre Rochard announced the establishment of a new company focused on BTC-supported structured financing, named “The Bitcoin Bond Company,” with the goal of acquiring $1 trillion worth of BTC on behalf of its clients by 2046. Rochard previously served as the Vice President of Research at Riot Platforms and will serve as the CEO of this new BTC-focused enterprise.
The company plans to connect institutional capital with BTC through a regulated structured product framework and third-party custodianship.
BTC Products that Meet Institutional Demands
According to Rochard, the company’s target customers will be credit allocators seeking volatility protection and equity risk-takers looking for excess returns from BTC. Depending on market conditions, its long-term goal includes acquiring $1 trillion worth of BTC for clients within the next 21 years.
In explaining the timing and motivation behind the company’s establishment to CryptoSlate, he further noted that he had been contemplating the idea of creating a BTC-supported securitization company since he first learned about BTC, which aligns with his background in asset-backed finance.
Rochard indicated that this idea became more feasible following Donald Trump’s election as president, marking a shift in the regulatory landscape. He added, “Looking ahead, the SEC will no longer be politically influenced but will remain neutral, indicating that BTC-supported financial products will be subject to balanced regulation to protect the integrity of the U.S. capital markets. This will provide the necessary confidence for mature financial institutions to constructively engage in the BTC market.”
Rochard emphasized that his vision is to expand the utility of BTC by packaging BTC assets into structured financial instruments that meet institutional requirements for transparency, regulation, and risk management. This approach aligns with the broader trend of institutional products built on crypto-native assets, including exchange-traded products (ETPs) and asset-backed notes.
The announcement states: “The mission of The Bitcoin Bond Company is to establish long-term partnerships between credit allocators and risk-takers. We can provide transparent, regulated, and efficient risk transfer for global strategic reserve assets through BTC-supported structured financing, thereby unlocking value for capital markets.”
He also added that the recent success of BTC ETFs validates market demand, assessing that these funds’ metrics make them “the most successful product release case in the history of the financial industry.”
Rochard believes institutional investors are typically constrained by volatility, while risk-seeking participants are looking for leverage opportunities. He views the role of The Bitcoin Bond Company as bridging the gap between these two types of investors through structured tools.
“The mission of The Bitcoin Bond Company is to connect these two types of investors through responsible, BTC-backed products, creating long-term value for both parties.”
Utility and Satoshi Nakamoto’s Vision
Rochard sees the establishment of the company as part of a broader effort to realize BTC’s original utility as decentralized electronic cash. He stated that the BTC market divides participants into four categories: deniers, cautious investors regarding price volatility, speculators seeking excess returns through BTC, and fully adopting self-sovereigns.
He emphasized that decentralization remains the core utility of BTC, providing users with sovereign control over their capital. Rochard concluded by stating that capital markets will increasingly recognize BTC as a strategic collateral asset.
He stated, “Capital markets will view BTC as a unique collateral diversification tool, which is inevitable. In many different contexts, such as sovereign debt issuance, corporate convertible bonds, and asset-backed securities, investors with varying goals and risk tolerances will be found. Market growth will drive demand for the underlying BTC assets and accelerate the adoption flywheel effect.”
