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Adam Back and Switzerland’s FUTURE Secure 28M Swiss Francs to Build Bitcoin Treasury
Yahoo Finance· 2025-11-05 09:20
Core Insights - Future Holdings AG (FUTURE) has raised 28 million Swiss francs ($35 million) in a funding round led by Fulgur Ventures, Nakamoto, and TOBAM, aiming to bridge traditional finance and bitcoin through an institutional model [1] - The leadership team includes notable figures such as Richard Byworth, Sebastien Hess, Marc Syz, Julian Liniger, and Adam Back, indicating a strong foundation in both finance and cryptocurrency [2] - FUTURE aims to become Europe's leading bitcoin treasury company, emphasizing the growing demand for institutional-grade Bitcoin solutions in Europe [3] Company Operations - The company offers integrated operations that include bitcoin treasury management, institutional research, secure infrastructure, and advisory services [2] - Byworth pointed out that Switzerland's financial strength and investor confidence are crucial indicators of the increasing demand for institutional Bitcoin solutions [3] Strategic Positioning - FUTURE's strategic location in Switzerland, characterized by a 0% base rate and a 0.12% yield on ten-year bonds, presents significant opportunities for a bitcoin treasury company [4] - The leadership's strong financial backgrounds and the company's operational model create a favorable environment for attracting institutional clients [4]