Dutch cryptocurrency company Amdax has successfully raised €30 million ($35 million) to launch its Bitcoin treasury program under the new entity AMBTS, which will be listed on the Dutch exchange.
CEO and co-founder Lucas Wensing stated: “The closing of this round is an important milestone. We now move forward with our bitcoin strategy, aiming to offer investors transparent access to this unique asset class.”
AMBTS joins other companies building Bitcoin reserves, including:
- Treasury (backed by Winklevoss twins)
- Strive (backed by Vivek Ramaswamy)
- Strategy (Michael Saylor’s company)
The funding highlights the continuing appeal of Bitcoin and growing investor interest in digital asset treasury strategies.