The Smarter Web Company secures a $30 million credit line from Coinbase to support its Bitcoin strategy
2026-02-24 18:40:57
According to market news, the UK-listed company The Smarter Web Company (code SWC) announced that it has secured a strategic credit facility of $30,000,000 from Coinbase Credit, using its held Bitcoin as collateral, with interest only on the drawn amounts and no fixed maturity date.
The facility is designed to enable the company to immediately deploy funds into Bitcoin after completing equity financing, reducing settlement timing risks in volatile markets and supporting its Bitcoin-centric treasury strategy.
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