Bitprismia

Bitcoin-Based Convertible Bond: Smarter Web Company’s $21M Breakthrough

2025-08-06 07:06:18

Main Idea

The Smarter Web Company issued a $21 million Bitcoin-based convertible bond, fully subscribed by French asset manager TOBAM, highlighting growing institutional confidence in Bitcoin as a financial instrument.

Key Points

1. The Smarter Web Company, a UK-based firm, issued a $21 million Bitcoin-based convertible bond with a 5% conversion premium into equity.

2. French asset manager TOBAM fully subscribed to the bond, indicating institutional trust in Bitcoin-based financial products.

3. The bond's structure demonstrates innovation in crypto capital raising, offering flexibility for investors and the company.

4. This issuance is seen as a catalyst for institutional Bitcoin adoption, showcasing Bitcoin's viability in traditional finance.

5. Challenges for digital asset bonds include navigating regulatory landscapes and market volatility.

Description

BitcoinWorld Bitcoin-Based Convertible Bond: Smarter Web Company’s $21M Breakthrough The financial world just witnessed a truly significant shift! The Smarter Web Company, a dynamic UK-based web development firm, recently made headlines by issuing a groundbreaking $21 million Bitcoin-based convertible bond . This strategic move marks a pivotal moment, signaling a new era for crypto capital raising and challenging traditional financing methods. French asset manager TOBAM fully subscribed to this ...

>> go to origin page
Tags:
Crypto News BITCOIN Convertible bond Crypto Finance institutional adoption UK Tech
📱 Full Version
$BTC
$114528.1
+0.78%

Bitcoin World

bitcoinworld.co.in

Latest News

More Reading