Dutch Crypto Firm Amdax Raises €30 Million for Bitcoin Venture

 Dutch Crypto Firm Amdax Raises €30 Million for Bitcoin Venture

On October 7, Amdax, a cryptocurrency firm in the Netherlands, disclosed it had secured €30 million in funding for its new initiative AMBTS, a bitcoin-treasury enterprise to be listed on the Dutch exchange.
AMBTS aims to provide a transparent channel for investors to gain exposure to Bitcoin through a regulated firm structure. With the new capital, Amdax is set to begin buying bitcoin holdings under this strategy.
This funding round underscores sustained investor appetite for corporate models centered around crypto holdings rather than just trading or exchange operations.