The London Stock Exchange’s Main Market has welcomed a new, volatile asset class with the listing of The Smarter Web Company (SWC), a firm embracing a high-conviction Bitcoin treasury strategy despite recent nine-figure losses. This institutional move coincides with surging retail interest in high-risk crypto alternatives, exemplified by the Maxi Doge ($MAXI) presale raising $4.5 million. Together, they paint a picture of a market bifurcating between institutional crypto adoption and retail’s hunt for explosive, gamified returns.
about Bitcoin Treasury Stock SWC Lists on LSE as Maxi Doge Fuels Crypto HypeLondon Stock Exchange
0 in Finance and 0 in Crypto last weekPermira Nears Deal to Acquire London-Listed JTC
Private equity firm Permira is finalizing an agreement to acquire JTC Plc, the London-listed provider of fund solutions and corporate services, in a move that signals continued private equity interest in the financial services sector. The acquisition has received formal support from JTC’s board after Permira outbid rival suitor Warburg Pincus, with an official announcement expected as soon as Monday, according to people familiar with the matter.
about Permira Nears Deal to Acquire London-Listed JTCOcado Shares Hit 12-Year Low Before Kroger Review
Ocado Group Plc shares have plummeted to their lowest level in over 12 years as investors anxiously await the outcome of a strategic review by US partner Kroger Co. The stock closed down 4.4% at 199.2 pence, marking the weakest performance since May 2013 and reducing the company’s market value to approximately £1.6 billion, a dramatic fall from its peak valuation of over £21 billion in September 2020.
about Ocado Shares Hit 12-Year Low Before Kroger ReviewPrinces Group London IPO Priced at Bottom of Range
Princes Group Plc has priced its London initial public offering at the bottom of its marketed range, raising £400 million in what will be the UK’s largest local company listing in four years. The canned food supplier’s offering comes during one of the worst periods for London IPOs in decades, with the pricing reflecting the challenging environment for new listings on the City’s exchange and broader concerns about the London Stock Exchange’s appeal to companies seeking public capital.
about Princes Group London IPO Priced at Bottom of RangeUK Eases Crypto Rules as KR1 Moves to London Stock Exchange
In a significant shift for Britain’s financial landscape, UK regulators are adopting a more accommodating approach toward cryptocurrency, creating opportunities for digital asset companies. KR1, a crypto staking firm with a £56 million market capitalization, is preparing to list on the London Stock Exchange’s main market, marking a pivotal milestone for the industry. This strategic move signals growing institutional acceptance of crypto assets in traditional financial markets and could herald a new era of digital asset integration within one of the world’s oldest financial centers.
about UK Eases Crypto Rules as KR1 Moves to London Stock ExchangeArgo Blockchain Delists After Growler Debt-for-Equity Takeover
Argo Blockchain is being delisted from the London Stock Exchange after its main creditor, Growler Mining, seized control through a dramatic debt-for-equity swap that leaves existing shareholders with just 2.5% of the embattled crypto miner. The restructuring, filed under the UK Companies Act as Project Triumph, converts approximately $7.5 million in secured loans into 87.5% equity for Growler while preserving Argo’s Nasdaq listing to prevent insolvency.
about Argo Blockchain Delists After Growler Debt-for-Equity TakeoverUS Bitcoin ETFs See $1.2B Outflow as London Launches Crypto ETNs
The United States spot Bitcoin ETF market experienced a dramatic reversal last week, with $1.2 billion in net outflows marking the second-largest weekly withdrawal since these products launched in January 2024. This sharp pullback ended a two-week inflow streak that had brought over $5 billion into the funds, occurring alongside Bitcoin’s brief dip below $104,000. Meanwhile, across the Atlantic, the London Stock Exchange began trading Bitcoin exchange-traded notes, ending the UK’s three-year retail ban on crypto investment products and opening new avenues for digital asset adoption.
about US Bitcoin ETFs See $1.2B Outflow as London Launches Crypto ETNsBlackRock Launches Bitcoin ETP for UK Retail Investors
BlackRock has launched its iShares Bitcoin ETP on the London Stock Exchange, marking a significant expansion of institutional-grade cryptocurrency access for UK retail investors. The product, physically backed by Bitcoin held through Coinbase custody, arrives as the UK’s crypto investor base approaches 4 million and follows the extraordinary success of BlackRock’s US Bitcoin ETF, which became the firm’s most profitable fund in just 21 months with over $87.5 billion in assets under management.
about BlackRock Launches Bitcoin ETP for UK Retail InvestorsBlackRock Bitcoin ETP Launches on London Stock Exchange
BlackRock has launched its iShares Bitcoin exchange-traded product on the London Stock Exchange following regulatory easing by UK authorities, marking a significant milestone in mainstream cryptocurrency adoption within traditional financial markets. The ETP, structured as a Bitcoin-linked security, enables UK retail investors to purchase fractional Bitcoin units starting at approximately $11, providing regulated crypto exposure through traditional brokerage accounts without direct asset ownership.
about BlackRock Bitcoin ETP Launches on London Stock ExchangeUK Lifts Crypto ETP Ban, Unlocks £800B Retail Market
The UK Financial Conduct Authority has reversed its three-year ban on retail crypto exchange-traded products, marking a watershed moment for regulated digital asset investment. Starting October 16, British investors can trade Bitcoin and Ethereum ETNs through authorized exchanges. This decision opens crypto exposure to the UK’s £800 billion Individual Savings Account market, potentially channeling billions into digital assets through tax-advantaged accounts.
about UK Lifts Crypto ETP Ban, Unlocks £800B Retail MarketBoE Exempts Crypto Firms from Stablecoin Caps
The Bank of England’s decision to exempt crypto exchanges and market makers from proposed stablecoin holding limits represents a significant regulatory pivot that could substantially boost Bitcoin and Ethereum trading in UK markets. This exemption addresses industry concerns that previous caps would have forced billions in stablecoin operations offshore, instead keeping critical liquidity within UK jurisdiction while creating favorable conditions for crypto market growth.
about BoE Exempts Crypto Firms from Stablecoin CapsPrivate Credit Funds Eye £1.3B JTC Take-Private Deal
Private credit firms are weighing a substantial £1.3 billion debt package to finance a potential take-private acquisition of London-listed JTC Plc, marking a significant development in the alternative lending space. The financial services provider has attracted takeover interest from private equity giants Warburg Pincus and Permira, prompting serious discussions with credit providers who are structuring the financing based on JTC’s solid £150 million EBITDA metrics.
about Private Credit Funds Eye £1.3B JTC Take-Private Deal