Swiss Bitcoin Treasury Company FUTURE Raises $34.5 Million to Build Europe’s Leading Institutional Platform

The Zurich-based firm secured backing from three prominent investors: Fulgur Ventures, Nakamoto, and TOBAM, all recognized names in Bitcoin and traditional finance.

The funding marks a significant step in bringing institutional-grade Bitcoin treasury operations to Europe. FUTURE aims to bridge the gap between traditional finance and Bitcoin by offering professional services that help institutions adopt Bitcoin as a treasury asset.

A Star-Studded Leadership Team

FUTURE assembled a leadership team with deep expertise in both Bitcoin and traditional finance. Richard Byworth serves as Chairman and is a Managing Partner at Syz Capital. CEO Sebastien Hess brings experience from Rocket Internet and Block Green, a Bitcoin mining venture backed by Peter Thiel and Coinbase.

The co-founders include Marc Syz, CEO of Syz Capital; Julian Liniger, who leads Swiss Bitcoin app Relai; and Adam Back, the inventor of Hashcash and current CEO of Blockstream. Back’s work on proof-of-work concepts laid groundwork for Bitcoin’s consensus mechanism.

Source: @sebastien_hess1

“This round brings together leading venture investors who share our conviction in Bitcoin and in the strength of the team we have built at FUTURE,” said Hess. “Their commitment reflects confidence in our execution and in our vision to build Europe’s Premier Bitcoin Treasury Company.”

Four Core Business Lines

FUTURE operates through four integrated verticals designed to serve institutional clients end-to-end:

Treasury Operations form the foundation, focusing on accumulating, securing, and managing Bitcoin as the core balance sheet asset. The company follows a model similar to Strategy (formerly MicroStrategy), which pioneered corporate Bitcoin treasury strategies.

Research and Analytics provides institutional investors with proprietary market intelligence and analytical tools. This service helps companies understand Bitcoin’s role in their portfolios and make informed decisions.

Infrastructure Development includes building secure, compliant treasury and wallet solutions that meet institutional standards. These tools enable companies to hold and manage Bitcoin with the same security and compliance they expect from traditional financial systems.

Advisory Services rounds out the offering, with FUTURE planning to host the Future Bitcoin Forum 2026 in Switzerland. This event will bring together institutional players interested in Bitcoin adoption.

Why Switzerland Makes Sense

Switzerland’s economic environment creates ideal conditions for a Bitcoin treasury company. The Swiss National Bank currently maintains its key interest rate at 0%, having cut rates six consecutive times from 1.75% down to zero between March 2024 and June 2025.

“Our strategic positioning in one of Europe’s key financial centres, with a 0% base rate and 0.12% yield on ten-year bonds, combined with a team of Bitcoiners boasting strong financial pedigrees, creates a significant opportunity set for a bitcoin treasury company,” explained Byworth.

Vice-Chairman Marc Syz emphasized Switzerland’s reputation: “Switzerland has a long tradition of financial innovation and trust. 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.”

Notable Investors Back the Vision

The three anchor investors bring different strengths to FUTURE’s mission.

Fulgur Ventures focuses exclusively on Bitcoin and Lightning Network startups. Since 2019, the firm has invested in 57 companies, including notable names like Blockstream and Relai. The fund typically makes seed-stage investments averaging $2.7 million.

TOBAM, a Paris-based quantitative asset management firm, manages approximately $10 billion in assets. The company launched the world’s first open-ended Bitcoin fund in 2017 and operates a Bitcoin Treasury Opportunities Fund that invests in companies holding Bitcoin on their balance sheets.

Nakamoto, founded by David Bailey in partnership with BTC Inc, aims to build a global network of Bitcoin treasury companies. The firm raised over $750 million and completed a merger with healthcare company KindlyMD in August 2025, now trading on NASDAQ under ticker NAKA.

Growing Corporate Bitcoin Adoption

FUTURE’s launch comes amid growing corporate interest in Bitcoin treasury strategies. As of Q3 2025, 172 companies hold Bitcoin on their balance sheets, according to a Bitwise report. This trend accelerated in 2025 as new accounting rules made it easier for companies to report Bitcoin holdings at market value rather than historical cost.

The number of publicly traded companies holding at least 1,000 Bitcoin jumped from 24 to 35 in the second quarter of 2025 alone. Companies purchased 134,456 BTC during that period, a 35% increase from the first quarter.

Strategy remains the largest corporate Bitcoin holder with 641,205 Bitcoin as of November 3, 2025. The company’s success demonstrated that public companies can use Bitcoin as a treasury asset while generating substantial returns.

FUTURE plans to replicate and adapt this model for the European market, where regulatory frameworks and investor preferences differ from the United States. The company’s Swiss base provides access to European capital markets while benefiting from Switzerland’s crypto-friendly regulatory environment.

The Road Ahead for European Bitcoin Finance

With this funding round complete, FUTURE can now begin building out its operations and acquiring Bitcoin for its treasury. The company faces the challenge of executing its strategy in a volatile cryptocurrency market, requiring careful capital deployment.

The firm must also navigate Europe’s evolving regulatory landscape for digital assets. However, Switzerland’s established financial infrastructure and clear crypto regulations provide a solid foundation for institutional operations.

FUTURE’s success will depend on its ability to attract institutional clients who want Bitcoin exposure but prefer working with a professionally managed treasury company rather than holding Bitcoin directly. The all-star team and blue-chip investors suggest strong market demand for this service.