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Adam Back-backed Future raises $35M to expand Bitcoin treasury

Crypto Briefing
Swiss Bitcoin treasury firm Future secured $35 million to grow its institutional Bitcoin operations.

Summary

Future, a Switzerland-based Bitcoin treasury firm, has successfully raised $35 million to expand its institutional Bitcoin treasury operations. The funding round was anchored by Fulgur Ventures, Nakamoto, and TOBAM. Notably, the company's founding team includes Adam Back, the CEO of Blockstream and inventor of Hashcash, who is also a prominent backer. This investment aims to position Future as an institutional bridge connecting Bitcoin with global capital markets, aligning with a broader trend of European institutions adopting Bitcoin as a corporate treasury asset.

(Source:Crypto Briefing)