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Adam Back, Switzerland’s FUTURE Secure 28 Million Swiss Francs to Build BTC Treasury

CoinDesk
FUTURE, a Zurich-based Bitcoin treasury company, raised 28 million Swiss francs led by Fulgur Ventures, Nakamoto, and TOBAM.

Summary

Future Holdings AG (FUTURE), a Zurich-based Bitcoin treasury company, successfully secured 28 million Swiss francs (approximately $35 million) in a funding round. The round was led by Fulgur Ventures, Nakamoto, and TOBAM. FUTURE aims to act as an institutional bridge between traditional finance (TradFi) and Bitcoin through a balance-sheet-driven model, positioning itself as Europe's premier Bitcoin treasury company offering transparent access to BTC for global institutions. The leadership team includes Chairman Richard Byworth, CEO Sebastien Hess, and notable figures like Marc Syz, Julian Liniger, and cryptography pioneer Adam Back, creator of Hashcash. Chairman Byworth emphasized that their strategic location in Switzerland, combined with a strong team, creates a significant opportunity for institutional-grade Bitcoin solutions.

(Source:CoinDesk)