Swiss Banking Dynasty Splits as Son Builds Europe’s Best Bitcoin Treasury

A split has emerged inside one of Switzerland’s well-known private banking families, as Marc Syz, son of Banque Syz founder Eric Syz, breaks away to pursue an ambitious crypto strategy, according to a report in Bloomberg.

This comes after the bank’s board rejected his and Richard Byworth’s proposal to bring Future Holdings AG, a Bitcoin treasury company, under the bank’s alternative investment arm. The board is said to have declined his proposal, citing high risks.

There’s little clarity on whether Marc Syz and Richard Byworth, who own 20% and 5% respectively, in Syz Capital, will retain their holdings.

LATEST: A Swiss banking dynasty splits as Marc Syz leaves Banque Syz over a crypto strategy clash, moving to launch Future Holdings with ~3,500 $BTC to become one of Europe’s largest Bitcoin treasury firms. pic.twitter.com/B8X6ZXjgPl

— Cointelegraph (@Cointelegraph) March 24, 2026

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The Board Said Bitcoin Was Too Risky and Marc Syz Built It Anyway

Future Holdings, founded by Marc Syz, Richard Byworth, and Blockstream CEO Adam Back, is now aiming for a listing on Sweden’s NGM Nordic SME exchange and Switzerland’s SIX Swiss Exchange in a bid to attract investors.

Future Holdings, as a part of its expansion plan, merged with H100 Group AB, a Sweden-based bitcoin treasury company, earlier this year. The group now plans to acquire 3,500 BTC, worth around $242 million based on current prices, making it one of Europe largest Bitcoin holder.

The H100 Group AB already has around 1,050 BTC and has signed an LoI with two Norwegian firms, Moonshot AS and Never Say Die AS. The two would bring another 2,450 BTC, bringing the total to 3,500 BTC.

H100 has signed an LOI for a strategic acquisition expected to increase its bitcoin holdings to 3,500 BTC.

The transaction would position H100 as one of Europe’s largest publicly listed bitcoin treasury companies. pic.twitter.com/RTsURd5EQO

— H100 (@H100Group) March 23, 2026

Ever since Donald Trump’s return to power, the crypto market has witnessed a significant rise, although it has faltered in recent months. Given that governments worldwide are now more pro-crypto than ever, this presents Marc Syz and Future Holdings with a massive opportunity.

Additionally, the Future Group model of accumulating Bitcoin and providing market exposure through equity has performed well during the pandemic. This allows investors to benefit from Bitcoin’s long-term price appreciation without directly holding the digital currency.

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It remains to be seen what kind of response Future Group receives after its dual listing. It’s nevertheless a bold step. Marc Syz Bitcoin plans have the potential to deliver big in the long run, but it will depend on execution, market conditions, and how quickly European investors embrace Bitcoin-backed equities.