The international Bitcoin ecosystem just got another major player.
FUTURE (Future Holdings AG), a self-described “Bitcoin Treasury Company,” has raised CHF 28 million in a new funding round backed by some of Bitcoin’s best-known institutional investors. CHF 28 million is over $34 million.
The Zurich-based firm says it wants to become Europe’s leading Bitcoin treasury platform — a kind of institutional bridge connecting Bitcoin with global capital markets.
The round was anchored by Fulgur Ventures, Nakamoto, and TOBAM, three firms deeply tied to both traditional finance and Bitcoin investing.
Led by a heavyweight team from the worlds of venture capital, fintech, and Bitcoin infrastructure, FUTURE is positioning itself at the crossroads of finance and sound money.
The company’s leadership includes Chairman Richard Byworth, Managing Partner at Syz Capital and former CEO of Diginex, and CEO Sebastien Hess, a fintech entrepreneur who previously worked with Rocket Internet and Bitcoin mining venture Block Green (backed by Peter Thiel and Coinbase).
Other co-founders include Marc Syz, CEO at Syz Capital; Julian Liniger, CEO of Swiss Bitcoin app Relai; and Adam Back, the inventor of Hashcash and CEO of Blockstream — a name synonymous with Bitcoin’s early technical foundations.
“This round brings together leading venture investors who share our conviction in Bitcoin and in the strength of the team we’ve built at FUTURE,” said CEO Sebastien Hess. “Their commitment reflects confidence in our execution and our vision to build Europe’s premier Bitcoin treasury company — a trusted institutional gateway that connects Bitcoin with global capital through financial discipline, technology, and transparent governance.”
Byworth added that Switzerland’s macro backdrop — with a 0% base rate and negative-yielding government bonds — gives the company a strategic edge.
“The calibre of investors in this round, and the strong interest we’ve seen in a challenging environment, highlight the demand for a Swiss Bitcoin Treasury Company,” he said.
FUTURE’s model is built around a Bitcoin-heavy balance sheet that forms the foundation of its business. The firm’s integrated approach combines four key verticals: Bitcoin treasury operations, institutional research and analytics, infrastructure and custody solutions, and advisory services — including the upcoming Future Bitcoin Forum 2026 in Switzerland.
“Switzerland has a long tradition of financial innovation and trust,” said Vice-Chairman Marc Syz. “It’s time for the country to continue on that path and lead in Bitcoin by building institutional infrastructure that meets the highest global standards.”
Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here.
