BTC Bond Company Established, Aiming for 1 Trillion USD Bitcoin Acquisition

On April 7, Pierre Rochard announced the establishment of a new company called "BTC Bond Company," which focuses on Bitcoin-backed structured financing. The company has set an ambitious goal: to acquire $1 trillion worth of Bitcoin on behalf of its clients by 2046.

Rochard will serve as the CEO of this new company focused on Bitcoin. He previously held the position of Vice President of Research at Riot Platforms. The new company plans to connect institutional capital with the Bitcoin market through a regulated structured product framework and third-party custody.

According to Rochard's introduction, the company's target clients include credit allocators seeking volatility protection and equity risk bearers looking to achieve excess returns on Bitcoin. The company's long-term goal is to acquire $1 trillion worth of Bitcoin for clients over the next 21 years, with specific progress depending on market conditions.

Rochard stated that the idea of establishing such a company has been around for a long time and is closely related to his background in asset-backed finance. He believes that the current regulatory environment is more conducive to the development of Bitcoin-supported financial products, which will provide the necessary confidence for mature financial institutions to participate in the Bitcoin market.

The company's vision is to expand the utility of Bitcoin by packaging Bitcoin assets into structured financial instruments that meet institutional requirements. This approach aligns with the current broad trend of building institutional products based on native cryptocurrency assets, including exchange-traded products and asset-backed notes.

Rochard believes that the recent launch of Bitcoin ETFs has successfully validated market demand, and he described the performance of these funds as "one of the most successful product launches in the history of the financial industry."

The mission of the BTC bond company is to establish long-term partnerships between credit allocators and risk takers. The company aims to create value in the capital markets by providing a transparent, regulated, and efficient risk transfer mechanism for global strategic reserve assets through Bitcoin-backed structured financing.

Rochard views the establishment of the company as part of a broader effort to realize the original utility of Bitcoin as decentralized electronic cash. He emphasizes that decentralization remains a core value of Bitcoin, providing users with sovereign control over their capital.

He predicts that capital markets will inevitably recognize Bitcoin as a unique collateral diversification tool. In various scenarios such as sovereign debt issuance, corporate convertible bonds, and asset-backed securities, investors with different objectives and risk tolerances will be found. Market growth will drive demand for the underlying assets of Bitcoin and accelerate the flywheel effect of adoption.