Swiss Private Bank Banque Syz Experiences Family Split Over Bitcoin Strategy Rift, Founder's Son Resigns

BTC2,5%

Gate News reports that on March 23, Bloomberg reported a family split at Swiss private bank Banque Syz SA in Geneva. The founder Eric Syz’s son, Marc Syz, has resigned along with business partner Richard Byworth, due to fundamental disagreements over the company’s cryptocurrency strategy. Previously, Marc Syz led the alternative assets division Syz Capital at Banque Syz, and planned to incorporate Bitcoin treasury company Future Holdings AG into that division, but the plan was not approved by his father, Eric Syz. After leaving, Marc Syz and Richard Byworth are now pushing forward with a dual listing plan for Future Holdings AG. Marc Syz stated that Future Holdings will become the largest Bitcoin treasury company in Europe.

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