Acacia Research Corporation announced a partnership with Unchained and Build Asset Management to implement a Bitcoin-backed commercial loan strategy. This initiative aims to provide attractive, risk-adjusted returns while increasing exposure to the Bitcoin ecosystem. Acacia will purchase commercial whole loans that are fully collateralized by Bitcoin, with loans originated by Unchained and administered by Build Asset Management. CEO MJ McNulty mentioned the benefits of the strategy, including strong interest rates and innovative custodial solutions, allowing liquidity for Bitcoin holders without losing ownership.
"We are very excited to partner with Unchained and Build for this Bitcoin-backed loan strategy. Investors around the world are increasingly looking to capitalize on the value Bitcoin provides as a secure source of quality collateral."
"We believe the loans will provide attractive risk-adjusted returns given their healthy interest rates, low loan-to-value metrics, and the protection and innovation in the institutional custody solutions for the Bitcoin backing these fully recourse loans."
"This partnership allows us to participate in the Bitcoin ecosystem in a way that enables holders dollar liquidity while maintaining their Bitcoin ownership."
"Our team constantly explores creative ways to generate value for shareholders, and we believe this partnership will do exactly that."
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