Former Vice President of Riot Platforms launches new company focused on Bitcoin collateralized structured financing

According to Cryptoslate, Pierre Rochard announced on April 7th the establishment of a new company focused on Bitcoin collateralized structured financing - The Bitcoin Bond Company, with the goal of acquiring $1 trillion worth of Bitcoin on behalf of clients by 2046. Rochard previously served as the Vice President of Research at Riot Platforms and will be the CEO of this new Bitcoin enterprise. The company plans to build a bridge between institutional investor funds and Bitcoin through a regulated structured product framework and third-party custody services. Rochard further introduced the timing and motivation for this release, and pointed out that the idea of establishing a Bitcoin collateralized securitization company had been brewing in his mind since he first came into contact with Bitcoin, which naturally matched his background in asset-backed finance.