Smarter Web Secures $30 Million Credit Facility from Coinbase to Support Bitcoin Strategy
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Smarter Web Secures $30 Million Credit Facility from Coinbase to Support Bitcoin Strategy
Smarter Web Company PLC has secured a $30 million strategic credit facility from Coinbase Credit, Inc., collateralized by the company’s holdings of bitcoin. Interest is charged only on drawn amounts, and the facility has no fixed maturity date.
TechFlow reports that on February 24, Smarter Web Company PLC secured a $30 million strategic credit facility from Coinbase Credit, Inc., collateralized by the company’s Bitcoin holdings. Interest is charged only on drawn amounts, and the facility has no fixed maturity date.




