Menlo Park, California, November 18, 2025 - Today, Blockstream announced that it signed a definitive agreement to integrate the technology and expertise of Distributed Lab, a software engineering company known for its Bitcoin, cryptography, and smart contract expertise. The purchase strengthens Blockstream’s position across consumer, enterprise, and institutional use cases by expanding its team, product roadmap, and partner network. Terms of the transaction were not disclosed.
Distributed Lab team members will bring their deep expertise in secure blockchain applications and smart contract development to focus on advancing Blockstream’s mission. The agreement includes adding Distributed Lab’s proprietary software modules, developer tooling, and intellectual property to Blockstream’s platforms, including the Blockstream app, Jade hardware wallet, Liquid Network services, tokenization, Simplicity, and enterprise custody solutions.
“Distributed Lab has built a strong reputation for security, reliability, and practical Bitcoin engineering,” said Jeff Boortz, Chief Product Officer at Blockstream. “Integrating their technology and leveraging their engineering expertise will accelerate our roadmap for enterprise custody, research, and Liquid-based financial applications. ”
“Blockstream has long set the benchmark for Bitcoin infrastructure,” said Dr. Pavlo Kravchenko, co-founder of Distributed Lab. “We are excited to be a part of the Blockstream ecosystem as we focus on accelerating delivery, expanding our reach, and strengthening our shared commitment to secure, open-source innovation.”
“Having their team’s expertise and their technology will accelerate our roadmap for enterprise custody, payment services, and Liquid-based financial applications. I am excited about what we will deliver for developers, businesses, and Bitcoiners around the world. The pace of innovation is only going to increase from here.” said Naji Bekhazi, SVP of Engineering.
The strategic rationale of this initiative includes:
- accelerating delivery across consumer, enterprise and platform products,
- adding breadth and depth of knowledge in Bitcoin and blockchain technologies,
- advancing developer tooling for the Liquid ecosystem including Simplicity language and app development,
- bolstering Blockstream’s research with well-respected cryptographers and blockchain researchers.
The transaction is expected to close in the coming weeks, subject to customary closing conditions.
About Blockstream
Blockstream is the world's premier developer of blockchain infrastructure built on the Bitcoin standard. Founded in 2014 by Dr. Adam Back, Blockstream is recognized for its contribution to Bitcoin core development and thought leadership on the Bitcoin economy. In 2018, the firm launched the Liquid Network, the world's first layer-2 ecosystem, which today boasts more than $4B in TVL. Near-term product releases for custody and tokenization will be enhanced with Simplicity, Blockstream's recently released code base, which brings high-assurance contract programmability to Bitcoin. Learn more at blockstream.com
About Distributed Lab
Distributed Lab is a software engineering firm focused on Bitcoin infrastructure. The team specializes in secure systems, cryptographic research, and enterprise integration tooling for developers and businesses.
Media Contacts
Blockstream, Press Inquiries, press@blockstream.com
Distributed Lab, Media Relations, contact@distributedlab.com
Forward-Looking Statements
This press release may contain forward-looking statements regarding the expected timing and benefits of the acquisition. Actual results may differ materially due to risks and uncertainties. Neither Blockstream nor Distributed Lab undertakes any obligation to update these statements.