Bitcoin Treasury Firm Treasury Plans €126M Amsterdam Listing Backed by Winklevoss Twins
Bitcoin Treasury Firm Treasury Plans €126M Amsterdam Listing Backed by Winklevoss Twins

Bitcoin Treasury Firm Treasury Plans €126M Amsterdam Listing Backed by Winklevoss Twins

News summary

Treasury, a Netherlands-based euro-denominated Bitcoin treasury company backed by the Winklevoss twins, has raised approximately €126 million ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings. The company plans to go public on Euronext Amsterdam through a reverse listing with Dutch investment firm MKB Nedsense, aiming to trade under the ticker 'TRSR.' Treasury seeks to increase Bitcoin accessibility across Europe by positioning it as a core asset in the region's financial ecosystem, having already accumulated over 1,000 Bitcoins. The listing marks a significant milestone for institutional cryptocurrency adoption, providing investors with regulated, transparent access to Bitcoin without direct management of digital assets. Founders Cameron and Tyler Winklevoss emphasize the importance of integrating Bitcoin into traditional financial markets, while Treasury's leadership includes industry veterans with extensive financial backgrounds. Despite optimism, the company faces challenges typical of pioneering crypto firms entering regulated stock exchanges.

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Left 67%
Center 33%
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Last Updated
5 days ago
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