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IN BRIEF: Smarter Web adds Coinbase Institutional as custody partner

ALN

Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider with bitcoin treasury policy - Appoints cryptocurrency financial services platform, Coinbase Institutional, as one of its bitcoin custody partners, as it looks to strengthen its treasury infrastructure ‘in the rapidly evolving bitcoin ecosystem.’ Expects to gain an additional layer of resilience and security through Coinbase Prime, Coinbase Global Inc’s brokerage platform. Says Coinbase Institutional will support its existing custody partners to safeguard its treasury and support efficient market access. ‘This multi-custodian approach reflects SWC’s commitment to the highest standards of governance, risk management, and transparency for shareholders,’ says the company.

‘Coinbase has established itself as one of the most respected and regulated players in the digital asset space. Their institutional-grade custody solutions and execution infrastructure are an ideal fit for our strategy. We are delighted to welcome them as a partner to help us scale securely and responsibly,’ says Smarter Web Chief Executive Andrew Webley.

Current stock price: 115.00 pence

12-month change: multiplied from listing price in April of 2.5p

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