logo

Smarter Web Company issues a $21 million Bitcoin-denominated convertible bond, with institutional investor TOBAM subscribing in full.

By: theblockbeats.news|2025/08/06 06:41:55

BlockBeats News, August 6th, According to official sources, Smarter Web Company issued a $21 million convertible bond priced in Bitcoin, fully subscribed by institutional investor TOBAM.

Reportedly, this zero-coupon bond allows conversion to stock at a 5% premium, includes Bitcoin-based downside protection, and limits the proportion of purchased Bitcoin to within 30%. This is the first such financing in the UK market.

UK-listed company Vaultz Capital increases its Bitcoin holdings to 47.85 BTC
LD Capital Founder James: Expecting a rate cut rally to start after mid-August, all recent pullbacks have been buying opportunities

You may also like

Share
copy

Gainers

Latest Crypto News

13:45

「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.

13:45

Kalshi has completed a $1 billion funding round at a $1.1 billion valuation

13:45

Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.

13:45

OpenMind is pleased to announce a partnership with Circle to build AI-powered payment infrastructure.

13:45

Circle announces Foundation, initial phase aims to enhance financial resilience of small businesses in the U.S.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com