UK’s Smarter Web Company Raises $21M via Bitcoin-Denominated Bonds

The Smarter Web Company raises £15.8 million via UK's first Bitcoin ...

Bitcoin Price Stays Still As The Smarter Web Company Launches Bitcoin Bond

Bitcoin price stands still as The Smarter Web Company launched a pioneering $21 million Bitcoin-denominated convertible bond, payable in Bitcoin. The innovative financial instrument comes as corporate Bitcoin adoption accelerates, with the number of public companies holding Bitcoin surging to over 200.

Smarter Web issues $21m Bitcoin-denominated convertible bond

Smarter Web is expanding its Bitcoin strategy with new bond issuance.

Smarter Web Company Issues $21M of Bitcoin-Denominated Bonds | The New York Ledger

The Smarter Web Business, an openly traded UK-based business holding Bitcoin on its business balance sheet, raised $21 million through a Bitcoin-denominated bond offering, marking an uncommon relocation in British capital markets. In a Wednesday London Stock market statement, The Smarter Web Business divulged it had actually introduced a Bitcoin-denominated bond that has actually currently raised 15.8 million British pounds ($ 21 million). The b…

UK’s Smarter Web Locks $21M Bitcoin Bond Deal With TOBAM - Blockonomi

TLDR: Smarter Web raised $21M in a Bitcoin convertible bond fully subscribed by TOBAM. The bond offers equity conversion at a 5% premium with Bitcoin-tied repayment protection. TOBAM’s backing reinforces institutional confidence in crypto-backed financial instruments. Deal sets a template for future Bitcoin-linked capital raises in UK financial markets. The Smarter Web Company has just pulled off a first for the UK market. It raised $21 million…

UK’s Smarter Web Company raises $21M via Bitcoin-denominated bonds – MAXBIT

UK-listed Smarter Web Company raised $21 million via Bitcoin-denominated bonds, backed by Tobam, offering a new model for crypto-aligned capital fundraising. The Smarter Web Company, a publicly traded United Kingdom-based firm holding Bitcoin on its corporate balance sheet, has raised $21 million through a new Bitcoin-denominated bond offering, marking a rare move in British capital...