The Smarter Web Company Completes $13.25 Million Preferred Stock MORE Offering

BlockBeats news, October 12: UK Bitcoin treasury company The Smarter Web Company (SWC) announced that it successfully raised $13.25 million through the issuance of the UK's first Bitcoin-backed preferred stock, MORE.

MORE will begin trading on the main board of the London Stock Exchange platform this Wednesday, with the first weekly dividend scheduled to be paid on November 9.