Odaily News Pierre Rochard announced on April 7 the creation of a new company focused on Bitcoin-backed structured financing, The Bitcoin Bond Company, with the goal of acquiring $1 trillion worth of Bitcoin on behalf of clients by 2046. Rochard, formerly the vice president of research at Riot Platforms, will serve as CEO of the new Bitcoin venture. The company plans to bridge institutional investor funds with Bitcoin through a regulated structured product framework and third-party custody services. Rochard further elaborated on the timing and motivation for the launch, noting that the idea of a Bitcoin-backed securitization company had been brewing in his mind since his first exposure to Bitcoin, which was a natural fit with his background in asset-backed finance. (Cryptoslate)