Bitcoin treasury: FUTURE raises CHF 28 million to build Swiss platform

Future Holdings AG (FUTURE) raised CHF 28 million ($34 million) on November 5, 2025, to build a Zurich-based bitcoin treasury company providing institutional custody, research, analytics and advisory services.

What did FUTURE raise and who backed the bitcoin treasury round?

The Zurich-based firm announced a CHF 28 million funding round on 2025-11-05. The financing is intended to scale product development and institutional distribution. As Bitcoin Magazine reported, “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. Chairman Richard Byworth added the deal highlights demand for a Swiss Bitcoin Treasury Company in a low-yield macro environment.

Who are the founders and lead investors?

Founders include Sebastien Hess, Richard Byworth, Marc Syz, Julian Liniger and Adam Back. Named investors in the round are Fulgur Ventures, Nakamoto and TOBAM.

Who anchored the round and what does that signal?

The round was anchored by Fulgur Ventures, Nakamoto and TOBAM, signalling investor appetite for institutional market access and custody-grade infrastructure. Anchoring by established backers typically implies expectations around audited controls, custody standards and a clear commercial roadmap.

How will FUTURE build a Swiss bitcoin treasury platform to connect markets?

FUTURE says it will act as an institutional gateway, bridging Bitcoin with global capital through disciplined treasury operations and transparent governance. The company points to Switzerland’s legal and financial infrastructure and a supportive macro backdrop as strategic advantages for scaling institutional services.

What business verticals will FUTURE deploy for bitcoin treasury custody solutions?

The firm outlined four integrated verticals: treasury operations, institutional research and analytics, infrastructure and custody solutions, and advisory services. It also plans the Future Bitcoin Forum 2026 in Switzerland to convene partners and clients as it scales; the forum is presented as a forum for counterparties and stakeholders to evaluate institutional offerings.