Adam Back's Bitcoin treasury 'Future' raises US$34.5 million

Source
Uk Jin

Summary

  • Bitcoin treasury and custody company Future said it has completed a strategic investment round of US$34.5 million.
  • The investment round included major investors such as Fulgur Ventures, Nakamoto, and Tobam.
  • Future said it plans to use the investment to strengthen its position as a Bitcoin treasury company in Europe.

Swiss-based Bitcoin (BTC) treasury and custody company Future announced on the 5th that it had completed a strategic investment round of US$34.5 million.

Investors in the round included Fulgur Ventures, Nakamoto, and Tobam.

Future aims to provide multisig custody, treasury tools, and advisory services for companies holding Bitcoin.

Future's co-founders include Blockstream CEO Adam Back and Julian Liniger, CEO of Swiss Bitcoin investment app Relai.

Sebastien Hess, Future CEO, said, "This investment is the result of investors who share confidence in Bitcoin and the Future team," and added, "We plan to strengthen our position as a Bitcoin treasury company in Europe."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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