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Acacia Research Corporation (Nasdaq: ACTG) has announced a new partnership with Unchained and Build Asset Management, expanding its Bitcoin-backed commercial loan strategy. The collaboration aims to offer risk-adjusted returns by leveraging Bitcoin as collateral for commercial whole loans [1].
Under the arrangement, Acacia will purchase these loans, which are fully collateralized by Bitcoin and originated by an affiliate of Unchained. The loans will be sold to a wholly owned subsidiary of Acacia, while Build Asset Management will provide administrative and management services for the loans [1].
Martin (“MJ”) D. McNulty, Jr., CEO of Acacia, emphasized the strategic value of Bitcoin as a secure collateral asset, stating that the firm sees significant potential in the growing Bitcoin ecosystem. He highlighted the attractive interest rates, low loan-to-value ratios, and institutional custody solutions as key benefits of the strategy [1].
The partnership is part of Acacia’s broader strategy to deploy capital in emerging opportunities across industrial, energy, and technology sectors. By offering liquidity to Bitcoin holders while allowing them to retain ownership, the initiative aligns with Acacia’s goal of generating value for shareholders [1].
Unchained, a leader in Bitcoin financial services since 2016, has secured over $12 billion in Bitcoin assets and originated $1 billion in loans without rehypothecation. Its innovative collaborative custody model ensures transparency and security for collateral [1].
Build Asset Management, founded in 2018, specializes in Bitcoin-focused credit strategies. In 2023, the firm launched a private credit fund targeting small and medium-sized businesses, further demonstrating its expertise in the space [1].
Together, the three companies aim to unlock new financial products by leveraging Bitcoin’s value as collateral, reflecting the evolving role of digital assets in modern finance [1].
Source: [1] Acacia Partners With Unchained and Build on Bitcoin-Backed Loan Strategy
https://bitcoinmagazine.com/business/acacia-partners-with-unchained-and-build-on-bitcoin-backed-loan-strategy

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