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- Bitcoin security is boosted as SWC names Coinbase Institutional as the new custodian for holdings.
- CEO Andrew Webley is excited about the Coinbase partnership, aligning with the long-term growth vision.
- SWC’s Bitcoin treasury reaches 2,470 BTC, with plans for more acquisitions under its 10-Year Plan.
The Smarter Web Company (SWC), the UK’s biggest listed Bitcoin company, has revealed that it has named Coinbase Institutional as its new custodian. The move boosts the security of the firm’s long-term Bitcoin investment and marks an ongoing commitment to strengthening its treasury infrastructure.
SWC’s Bitcoin will be in custody with Coinbase Prime, a trusted institutional platform that is recognized for its secure holding operations and one-of-a-kind execution capacity. This provides an additional layer of safety with our existing custodian partner SWC and strengthens the discipline of multi-custodians. With this latest partnership, the company seeks to bring together transparency, risk management, and shareholder value imperatives.
Webley Highlights Coinbase Boost for SWC’s Bitcoin Strategy
CEO Andrew Webley said SWC had a ‘huge positive reputation in the industry’ and was already aligned with Coinbase’s compliance standards. Their industry-leading custodian offerings are the perfect complement to our long-term growth vision, he wrote. ‘very excited about the partnership, and it will enable us to help grow SWC even more responsibly and securely as we continue to build our Bitcoin position.’
They still hold 2,470 Bitcoins ($2.836 million) as of September 16, 2025. They began accepting Bitcoin payments in 2023, making it a cornerstone of their treasury. Coinbase Institutional stands out as a prominent supporter of SWC, helping to solidify its position as a leading advocate for Bitcoin acceptance.
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Bitcoin Strategy Intensifies with SWC’s Coinbase Partnership
This partnership is in the essence of SWC’s 10-Year Plan, which is premised on acquiring amounts of Bitcoin over the long term. The company deposited another 30 BTC a September 10th day into its inventory collection. In July, SWC said it had raised £17.5 million to accelerate its purchase of Bitcoin and intended to disclose further purchases soon.
SWC aims to dominate the market, and Coinbase is on board as custodian. The deal could also boost the company’s world ranking, which might raise it above its current position as the 26th largest public company with Bitcoin.
Market sentiment remains bullish despite the recent disappointing price action of Bitcoin. BTC is currently trading at $115,237. It shows a 4% increase over the day and a 7.3% increase over the last week. There is a bullish sentiment from the analysts on the cryptocurrency. And the price is likely to extend gains beyond $117k and perhaps recover toward $120k in a few weeks.
Also Read: Ripple Donates $25 Million in Stablecoin to Boost Small Businesses and Veterans
