Smarter Web Company (SWC), a UK-based web development firm, has announced the issuance of a $21 million Bitcoin (BTC)-linked convertible bond. This innovative financial instrument represents a significant step towards mainstream cryptocurrency adoption. Digital asset management firm TOBAM has fully acquired the bond. The bond carries the option to convert into SWC shares at a 5% premium, offering TOBAM potential equity upside in addition to the bond's yield. This is the first BTC-linked convertible bond issued in the United Kingdom. SWC aims to use the capital raised to fuel its expansion and further develop its web development capabilities. The bond's structure links its value to Bitcoin's performance, creating an intriguing intersection between traditional finance and the digital asset space. This move could pave the way for similar offerings in the future, attracting further institutional investment into the crypto market. ```

#BTC