Amdax Secures 35 Million to Build Europes Bitcoin Treasury Leader
Dutch crypto firm Amdax has raised 30 million 35 million in a major funding round to establish Amsterdam Bitcoin Treasury Strategy AMBTS a new company dedicated to acquiring and managing large-scale Bitcoin reserves.
The initiative positions Amdax at the forefront of Europes institutional Bitcoin adoption, mirroring similar corporate treasury models seen in the U.S. and Asia. CEO and AMBTS co-founder Lucas Wensing described the closing of the round as a defining moment for the firms long-term strategy.
The closing of this round is an important milestone, said Wensing. We now move forward with our Bitcoin strategy, aiming to offer investors transparent access to this unique asset class.
