In a remarkable move reflecting the rapid shift towards digital assets, the UK-listed company Smarter Web launched convertible bonds into shares, but this time fully denominated in Bitcoin, under the name "Smarter Convert", in collaboration with the French investment company Topam, with a value of up to $21 million.
These bonds represent a qualitative leap in the world of finance, as they allow investors to combine the advantages of investing in digital bonds with the possibility of becoming shareholders in the company. Topam has already purchased the first batch of these bonds worth $21 million, while Smarter Web plans to issue additional batches according to market prices to attract more capital as part of a strategy to diversify funding sources.
What distinguishes these bonds is that they do not offer interest, but they provide holders with a guarantee of recovering 98% of the Bitcoin value at maturity, if they do not choose to convert to shares. This makes them an attractive option for investors looking for hedging tools against market fluctuations, without giving up direct exposure to the most popular digital currencies.
This step reflects an increasing trend among traditional companies towards adopting crypto assets as part of their investment ecosystem. Observers believe that the issuance of these bonds represents a bold strategic shift that could open the door to more diverse financial products relying on digital currencies.
It is worth noting that Smarter Web is among the top 25 companies in the world in terms of Bitcoin holdings, currently owning about 2050 coins. Topam, on the other hand, is one of the first asset management companies in Europe to enter the cryptocurrency space, adding further credibility to this ambitious initiative.
#BTC #InvestSmart #crypto #news #dollar
