Today, Acacia Research Corporation (NASDAQ: ACTG) announced a new partnership with UNChained and Build Asset Management.
Martin (“MJ”) D, CEO of Acacia. McNulty Jr. said: “Investors around the world are increasingly hoping to increase the value that Bitcoin offers as a safe source of quality collateral.”
According to the press release, the partnership will allow Acacia to purchase an entire commercial loan fully secured by Bitcoin. These loans are sent by Unchained affiliates and sold to wholly owned subsidiary of Acacia. Building Asset Management provides management and related services for the holding and management of these loans.
McNulty further explained the structure and benefits of the strategy, saying, “We believe that the loans provide attractive risk-adjusted returns, taking into account the protection and innovation of institutional custody solutions for Bitcoin that favor healthy interest rates, low-value indicators from loans, and the full replenishment loans.”
Known for acquiring and operating businesses in the industrial, energy and technology industries, Acacia continues to apply its strategic capital and operational expertise to new opportunities such as Bitcoin.
“This partnership allows us to join the Bitcoin ecosystem in a way that allows holders to liquidate dollars while still retaining ownership,” McNulty added. “Our team is constantly exploring creative ways to create value for shareholders, and we believe this partnership does just that.”
Founded in 2016 and based in Austin, Texas, Unchained has become a major player in Bitcoin Financial Services. The company secured over $12 billion in Bitcoin assets and won $1 billion in zero redisposal loans thanks to its innovative co-custody model.
Launched in 2018, Build Asset Management launched a private credit fund aimed at small and medium-sized businesses in 2023, bringing investment expertise in Bitcoin-centric credit strategies.
The three companies aim to use Bitcoin’s value as collateral to unlock new financial products and investment instruments, matching the evolving landscape of modern finance.
This post Acacia partnered with Unchained and was built on a Bitcoin-backed loan strategy. It was first featured in Bitcoin Magazine and is written by Nik.
