TechFlow News, March 23: According to Bloomberg, Banque Syz SA, a private bank based in Geneva, Switzerland, has experienced a generational rift within the founding family. Marc Syz, son of the bank’s founder Eric Syz, has departed Banque Syz alongside his business partner Richard Byworth, following a fundamental disagreement over the bank’s cryptocurrency strategy.
It is reported that Marc Syz previously led Syz Capital, Banque Syz’s alternative assets division, and had planned to bring Bitcoin treasury company Future Holdings AG under Syz Capital’s umbrella. However, this proposal failed to gain approval from his father, Eric Syz.
After leaving Banque Syz, Marc Syz and Richard Byworth shifted their focus toward advancing Future Holdings AG’s dual-listing plan. Marc Syz stated that Future Holdings will become Europe’s largest Bitcoin treasury company.
