Smarter Web Company just issued the UK's first-ever $21 million convertible bond, and the crazy part? It's denominated in #Bitcoin! 🚀
For those who don't follow TradFi stuff, a convertible bond is a way for a company to raise money. But instead of being tied to regular old cash, this one is all about $BTC. This is a huge, huge deal.
It shows that big, serious institutional players are not just buying crypto on the side—they're starting to build foundational financial tools around it. A major firm called TOBAM fully subscribed to the bond, which proves there's real demand for this kind of thing.
This isn't just another company adding Bitcoin to its balance sheet. This is a company using Bitcoin as a core part of its financial strategy to raise capital. It's a massive step for institutional adoption and a perfect example of TradFi and crypto merging.
What do you think this means for the future? Is this the start of a major trend for companies to use crypto in traditional finance? Let me know! 👇
#notcoin #BuiltonSolayer #UK #BTCUnbound