Adam Back-Backed FUTURE Raises $35M to Buy Bitcoin

Switzerland based Bitcoin treasury firm FUTURE (Future Holdings AG) has raised CHF 28 million (around $35 million) in a new funding round. The company, backed by Adam Back, the creator of Hashcash and CEO of Blockstream. He plans to use the funds to expand its Bitcoin-focused balance sheet model. That strengthens its position as Europe’s premier Bitcoin treasury company.

The funding round attracted major crypto-native and institutional investors, including Fulgur Ventures, Nakamoto and TOBAM. FUTURE aims to bridge the gap between traditional finance and Bitcoin. Through structured capital management, disciplined execution and transparent governance.

Building Europe’s Premier Bitcoin Treasury

FUTURE’s vision is clear to become Europe’s leading Bitcoin Treasury Company (BTCTC). The firm operates with a business model centered on accumulating, managing and securing Bitcoin as its core balance sheet asset. Led by Chairman Richard Byworth and CEO Sebastien Hess. The company combines expertise from venture capital, structured finance and Bitcoin entrepreneurship. 

The leadership team also includes Marc Syz, CEO of Syz Capital; Julian Liniger, CEO of Relai. Additionally, Adam Back serves as co-founder and strategic advisor. CEO Sebastien Hess called the funding “a reflection of investor confidence” in FUTURE’s strategy and its leadership. He added that the company’s mission is to build “Europe’s premier Bitcoin Treasury Company.”  A trusted institutional gateway connecting Bitcoin with global capital.

Institutional Infrastructure for Bitcoin

FUTURE’s model is deeply institutional. It revolves around a balance sheet driven platform that integrates several key verticals. Its Treasury Operations focus on accumulating and securely managing Bitcoin. The Research & Analytics division specifically provides proprietary insights and dashboards tailored for institutional investors. Meanwhile, the Infrastructure & Platform arm develops secure and compliant Bitcoin treasury solutions.

The firm also offers Advisory Services. They help institutions navigate the Bitcoin ecosystem and promote education through events like the Future Bitcoin Forum 2026 in Switzerland. For instance, Vice-Chairman Marc Syz highlighted Switzerland’s strength as a financial hub. Noting the country’s tradition of trust and innovation. “It’s time for Switzerland to lead in Bitcoin by building institutional infrastructure that meets global standards,” he said.

Positioning Switzerland as a Bitcoin Hub

FUTURE believes Switzerland is uniquely positioned to become the global center for Bitcoin finance. Indeed, with a 0% base rate and 0.12% yield on ten-year bonds, the country provides a stable and favorable environment for treasury operations. Chairman Richard Byworth noted that investor demand remained strong despite market challenges. “The caliber of investors in this round underscores the quality of our team and the opportunity for a Swiss Bitcoin Treasury Company,” he said.

By aligning Switzerland’s legacy of financial discipline with Bitcoin’s emerging global role.  Consequently, FUTURE aims to redefine how traditional capital connects with digital assets. Its balance sheet first approach positions it not just as another Bitcoin holder. But as a pioneer of institutional Bitcoin integration. One that could set the standard for corporate Bitcoin treasuries across Europe.