Amsterdam-based crypto startup Treasury raised €126 million to establish Europe's largest Bitcoin reserve manager. Winklevoss Capital and Nakamoto Holdings Inc. led the funding round. The company aims to become a central player in the region's digital asset evolution.
Over 50 additional investors, including UTXO Management, Off The Chain Capital, M1 Capital, and Mythos Venture Partners, participated. Consequently, this funding supports Treasury's ambition to build Europe's premier Bitcoin vault. The startup has already accumulated over 1,000 Bitcoin in reserves.
Strategic Expansion and Market Presence
Khing Oei, a former hedge fund manager, founded Treasury in 2025. The Dutch crypto startup plans a reverse listing on Euronext Amsterdam through MKB Nedsense N.V. (MKBN). This move positions Treasury as the first publicly traded Bitcoin treasury firm on a primary European exchange, trading under 'TRSR'.
The company's Strategic Advisory Board includes Cameron and Tyler Winklevoss, co-founders of Gemini, and David Bailey. Furthermore, Treasury will acquire Amsterdam Decentralized B.V., organizer of the Bitcoin Amsterdam conference. A strategic partnership with BTC Media LLC also promotes Bitcoin adoption.
This comprehensive strategy aims to solidify Treasury's role in Europe's evolving digital asset landscape.
With nearly 20 million of the maximum 21 million Bitcoin already mined, Treasury's early accumulation strategy offers a competitive advantage. This positions the Dutch crypto startup favorably against established digital asset custodians and traditional financial institutions.
