SWC Bolsters BTC Reserves to Win Trust in Turbulent Crypto Climate

Generated by AI AgentCoin World
Saturday, Sep 13, 2025 2:56 am ET1min read
BTC--
Aime RobotAime Summary

- SWC Technologies raised £2.6M to expand Bitcoin reserves, enhancing trust in its crypto custody platform amid regulatory scrutiny.

- Funds will increase BTC holdings to over 800 coins, with 150% reserve coverage for tokens, supporting institutional-grade security goals.

- Institutional investors and HNIs backed the round, reflecting confidence in infrastructure-focused crypto projects during market turbulence.

- Future plans include compliance upgrades, market expansion, and transparency reports to solidify regulatory compliance and mainstream adoption.

SWC Technologies, a blockchain-based platform specializing in digital assetDAAQ-- custody and compliance solutions, has announced a £2.6 million fundraising round led by institutional investors. The company's Chief Executive Officer, Andrew Webley, confirmed that the fresh capital will be used to expand its treasury reserves in BitcoinBTC-- (BTC), reinforcing the company’s long-term commitment to backing its native token, SWC, with the cryptocurrency. The move is part of a broader strategy to strengthen user confidence and enhance the platform’s financial stability amid growing regulatory scrutiny in the crypto sector.

Webley emphasized that the raised funds would initially be allocated to increase the company's BTC holdings, with a portion also reserved for operational expansion and research and development. “This fundraising represents strong institutional support for SWC’s model and our vision to bring institutional-grade security to the digital asset space,” he stated. The additional BTC will be added to the company's existing treasury, which is transparently managed and audited by third-party firms to ensure accountability.

The funding round attracted participation from a mix of venture capital firms and high-net-worth individuals, reflecting continued interest in infrastructure-related crypto projects. According to the company’s latest financial disclosure, SWC has already allocated £1.2 million of the proceeds toward Bitcoin purchases, with the remaining funds earmarked for future use. This brings the company’s total Bitcoin holdings to over 800 BTC, up from approximately 500 BTC prior to the fundraising.

Analysts note that SWC’s decision to bolster its BTC reserves aligns with a broader trend among tokenized platforms seeking to increase collateralization to meet evolving regulatory expectations. Webley cited the importance of maintaining a strong reserve ratio as a key factor in attracting institutional clients and building trust among retail investors. The company has previously committed to maintaining a reserve ratio of at least 150% of its circulating tokens, a figure that remains well within its current capacity.

Looking ahead, SWC Technologies plans to leverage the additional capital to enhance its compliance infrastructure and explore new markets. The company is also expected to launch a series of transparency reports in the coming months, offering detailed breakdowns of its asset holdings and financial performance. These steps are intended to further establish the firm as a trusted player in the digital asset custody space. The fundraising marks a pivotal step in SWC’s journey toward mainstream adoption and regulatory compliance.

Quickly understand the history and background of various well-known coins

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.