Blockstream Expands to Lugano with New Bitcoin Consulting Services for Banks

Blockstream Opens Lugano Office to Serve Financial Institutions

Blockstream announced on October 23, 2026, the launch of a new consulting division aimed at financial institutions. The company also opened a physical office in Lugano, Switzerland, to serve as a hub for its European operations.

The move allows banks, asset managers, and other institutions to access Blockstream's engineering teams and Bitcoin infrastructure. The new consulting service focuses on helping institutions evaluate, design, and implement Bitcoin-based financial systems.

Core Services for Institutional Clients

• Development of solutions for tokenized asset issuance and confidential settlement.
• Support in technical strategy, system architecture, and integration.
• Access to multidisciplinary teams with expertise in cryptography and protocol engineering.

What Company Leaders Say

Adam Back, Blockstream's co-founder and CEO, stated that the next phase of Bitcoin adoption involves integrating it into existing financial systems. He emphasized that the company's background in Bitcoin cryptography and engineering positions it to handle the complexities of this integration.

Peter Bain, the company's chief marketing officer, noted that Switzerland is a key market due to its banking tradition and supportive regulatory environment for digital assets. The company plans to use the Lugano office to serve clients in Zurich, Geneva, and Zug.

Background on Blockstream and Swiss Digital Assets

Founded in 2014, Blockstream develops technology for Bitcoin custody, payments, and self-custody. Its products include the Liquid Network, a sidechain that operates alongside Bitcoin to allow faster transactions, and the Jade hardware wallet. Earlier this year, the company added support for Simplicity smart contracts on Liquid.

Switzerland has become a center for digital asset firms, particularly in Zug, which is known as Crypto Valley. The country's regulations currently allow banks to hold and trade Bitcoin on behalf of clients. No pricing, headcount, or specific client names were disclosed for the new Lugano office.

What Is Confirmed

Blockstream has officially launched its consulting services and opened the Lugano office. The company confirmed that engagements are available to institutions across Europe, with a specific focus on the Swiss financial sector.