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Winklevoss Twins-Backed BTC Treasury Firm Secures $126M to Buy Over 1,000 BTC

The company intends to deploy the capital into large-scale BTC acquisitions, reinforcing its strategy of becoming a major BTC holding entity in Europe.

Crypto

Treasury BV, a Dutch investment vehicle backed by the Winklevoss twins, has raised €126 million (approximately $147 million) in fresh funding to expand its Bitcoin holdings. The round was led by Winklevoss Capital alongside Nakamoto Holdings, with the proceeds earmarked for the purchase of more than 1,000 BTC at current market prices.

The move signals the company’s ambition to position itself as a publicly traded BTC holding company in Europe. To achieve this, the firm announced plans to go public through a reverse merger with MKB Nedsense, a Dutch-listed company on the Euronext Amsterdam exchange. Following the transaction, the newly combined entity will trade under the ticker symbol TRSR.  

Bridging Traditional Finance and Digital Assets

Notably, the strategy mirrors the playbook of U.S. companies like Strategy, which have become proxies for BTC exposure in traditional markets. By listing in Amsterdam, Treasury BV aims to offer European investors direct access to bitcoin’s performance through equity markets, while sidestepping some of the regulatory hurdles associated with launching a spot Bitcoin ETF in the region.

Like other bitcoin treasury entities, Treasury BV plans to continue accumulating BTC in large volumes. The firm also intends to focus mainly on the leading crypto asset, unlike other companies that prefer a mix of different digital assets.

Backers of the project, led by Cameron and Tyler Winklevoss, emphasized the growing demand for regulated and transparent investment vehicles tied to digital assets. If successful, Treasury BV would be among the first European-listed firms primarily dedicated to holding BTC. The move also sets a precedent for other institutional players looking to bridge traditional finance and digital assets.

BTC Demand Rises Amid Economic Uncertainty

With numerous developments occurring in the crypto space, and despite market setbacks for some prominent coins like BTC, institutions are aggressively purchasing these assets.

Bitcoin’s demand has been steadily climbing as global investors seek safe-haven assets amid economic uncertainty. With inflationary pressures, rising interest in decentralized finance, and institutional adoption, BTC has become more than just a speculative asset; it is increasingly viewed as a hedge against inflation.

In recent months, bitcoin and several major digital assets have seen favourable price movements. Fueled by institutional interest and ETF inflows, these assets have experienced all-time highs, establishing confidence in the broader crypto market.

As regulatory clarity improves across major markets, bitcoin’s role as a hedge against fiat currency devaluation is strengthening. While the crypto space is still recovering, investors and the broader crypto sector are optimistic about the asset’s potential performance.

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Chris Lion