Smarter Web Company Issues Bitcoin-Denominated Bond, Offering Investors Flexible Exposure to BTC and Company Shares


  • Smarter Web Company issues $21M bond denominated in Bitcoin.

  • The bond will be convertible into the company’s shares or BTC.

  • TOBAM already bought the full amount, but the company plans to issue more.

Smarter Web Company has launched a Bitcoin-denominated bond, raising $21 million and allowing flexible investment options for crypto enthusiasts.

Why Bitcoin Bonds Are a Big Deal

Bitcoin-denominated bond issuance is a sign that traditional firms and financial regulators are taking the crypto asset seriously. At the same time, it reflects growing interest in Bitcoin among tradFi firms.

Smarter Web Company is a UK-based Bitcoin treasury firm, currently holding 2,050 coins. The firm ranks among the top 25 global Bitcoin treasury companies by assets.

TOBAM is a French investment firm that has been involved in crypto assets since 2016. It was one of the first European asset managers to invest directly in Bitcoin.


Frequently Asked Questions

What are the benefits of Bitcoin bonds?

Bitcoin bonds provide investors with exposure to both Bitcoin and company shares, offering flexibility and potential for capital appreciation.

How does the conversion process work?

Investors can convert their bonds into shares of Smarter Web Company or receive 98% of the Bitcoin value at the time of repayment.

Key Takeaways

  • Innovative Financing: Smarter Web Company utilizes Bitcoin bonds to raise capital.
  • Investor Flexibility: Bonds can be converted into shares or Bitcoin, catering to diverse investor preferences.
  • Market Confidence: The issuance reflects growing acceptance of Bitcoin in traditional finance.

Conclusion

Smarter Web Company’s issuance of a Bitcoin-denominated bond marks a significant step in integrating cryptocurrency into traditional finance. This innovative approach not only raises capital but also provides investors with unique options for managing their investments in a volatile market.


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