Aiming to be the largest BTC custodian in Europe, Treasury has been established! Today, there's an interesting piece of news that might be related to Stacks (?). Recently, a financial company called Treasury ($TRSR, @Treasury_BTC) was born in Europe, aiming to hold the largest amount of BTC in Europe. The initial fundraising amount is $147M. What's interesting is that the head of Bitcoin strategy for this company is @ZestProtocol CEO @TychoOnnasch, and the funds were raised from none other than the Winklevoss brothers and $NAKA. According to Tycho, Munib and Draper VC provided significant help in establishing this company, and the European market DAT is proving to be more helpful than expected. ๐ช๐บ Why does Europe have strengths compared to other continents? - Europe holds most of its wealth in insurance, pension funds, and bonds. - Example: The Norwegian Sovereign Wealth Fund (the largest fund in the world) and the size of the Dutch pension fund surpasses that of Saudi PIF. -...
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