Categories: Bitcoin Latest News

Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption

Bitcoin Magazine

Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption

The first wave of Bitcoin adoption was individuals. The second was the ETFs. Adam Back, CEO & Co-Founder of Blockstream, explains why the third wave of model portfolios, managed funds and pension funds is still largely to come, and how Swiss banks are getting ready for it.

Chapters:
00:00 Why Blockstream Opened an Office in Lugano
01:20 Why Blockstream Started Offering Consulting
02:01 Swiss Banks Want Quantum-Safe Bitcoin Custody
03:04 Tokenized Money Market Funds vs. Stablecoins
04:13 Tokenized Shares on Liquid and Blockstream AMP
05:55 Where Institutions Still Get Stuck
07:00 Build In-House or Use a Custodian?
08:01 How Regulation Shapes Bitcoin Custody
10:01 Basel Rules and the Cost of Holding Bitcoin
10:40 The Three Waves of Bitcoin Adoption

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption first appeared on Bitcoin Magazine and is written by Mark Mason.

Read More[#item_full_content]Bitcoin Magazine

Recent Posts

Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000

▶ Bitcoin Magazine Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000 Bitwise’s André Dragosch joins…

59 minutes ago

Live updates: Bitcoin posts small rise as Binance records $6 billion outflows after starting withdrawals

The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges…

2 hours ago

Strategy (MSTR) Adds 811 Bitcoin, Strive (ASST) Follows Suit With 124 as Both Keep Stacking

Bitcoin Magazine Strategy (MSTR) Adds 811 Bitcoin, Strive (ASST) Follows Suit With 124 as Both…

2 hours ago

Bitcoin’s ‘volatility curve’ has a midterm bump

Your day-ahead look for Nov. 2, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

3 hours ago

Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen

Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net…

4 hours ago

Bitcoin ETFs lost $643 million in outflows Friday, and 2026 is barely green now

The first trading day after the Binance hack saw the biggest ETF outflow since June…

9 hours ago