The Winklevoss twins, Tyler and Cameron, have thrown their weight behind Treasury BV, a Netherlands-based bitcoin treasury firm, as it prepares for a landmark listing in Europe. Treasury announced it has raised €126 million ($147 million) in a private round led by Winklevoss Capital and Nakamoto Holdings, giving the company enough firepower to acquire more than 1,000 bitcoin.
The firm, headed by CEO Khing Oei, aims to become Europe’s largest publicly traded bitcoin treasury company and position bitcoin at the heart of the continent’s financial system.
Reverse Listing on Euronext Amsterdam
To go public, Treasury BV has struck a binding agreement with MKB Nedsense NV (MKBN), a Dutch investment company. The deal will be executed as a reverse listing on Euronext Amsterdam. Under the terms, MKBN will transfer all assets and liabilities to its largest shareholder, Value8 NV, before issuing new shares to Treasury investors.
These shares will be issued at a price reflecting a 72% premium to MKBN’s July 11 closing price and a 90% premium to its three-month volume-weighted average. Once the process is complete, Treasury is expected to trade under the ticker symbol TRSR.
The market has already reacted strongly; MKBN’s stock surged over 30% after the announcement, hitting €0.15.
Expanding Europe’s Bitcoin Ecosystem
Alongside its listing plans, Treasury BV also announced the acquisition of Bitcoin Amsterdam, the region’s flagship bitcoin conference. The move signals the company’s intent to play a leading role in expanding bitcoin adoption across Europe.
CEO Khing Oei described this moment as the beginning of the “equitization of bitcoin,” a new phase where bitcoin ownership and access will broaden to levels comparable with traditional markets.
“Bitcoin is shaping the future of global financial markets,” Oei said. “Treasury was established to level the playing field in Europe by expanding access and strategically positioning bitcoin at the core of the region’s financial ecosystem.”
With the Winklevoss twins and other prominent bitcoin backers behind it, Treasury BV is positioning itself as a key player in Europe’s crypto landscape. If it goes through as planned, the public debut would stand out as one of the biggest milestones for bitcoin adoption in Europe’s financial markets.
Also Read: CIMG Raises $55 Million Via Stock Sale to Build Bitcoin Treasury
