Switzerland-based FUTURE raised CHF 28 million to expand as Europe's leading institutional Bitcoin treasury platform, backed by investors Fulgur Ventures, Nakamoto and TOBAM.

The international Bitcoin ecosystem just got another major player.

FUTURE (Future Holdings AG), a self-described "Bitcoin Treasury Company," has raised CHF 28 million in a new funding round backed by some of Bitcoin's best-known institutional investors. CHF 28 million is over $34 million.

The Zurich-based firm says it wants to become Europe's leading Bitcoin treasury platform — a kind of institutional bridge connecting Bitcoin with global capital markets.