StockBox spoke to Hewie Rattray, CEO of Vinanz, following the successful £3.5M WRAP raise, to discuss how the funds will fuel their Bitcoin-first strategy and future growth plans.
- £3.58M Raised for Bitcoin Push – Vinanz surpassed its fundraising target, bolstering its position in the competitive Bitcoin treasury space.
- Rapid BTC Deployment Planned – The company will swiftly convert funds into Bitcoin, aiming to close the gap with peers and attract value investors.
- US Market in Sight – With growing U.S. interest and a planned NASDAQ listing, Vinanz eyes further raises and innovative crypto-financial products.
Hewie Rattray, CEO of Vinanz, commenting: “We’re grateful for the strong support shown by both existing and new investors in this WRAP Retail Offer. Upon settlement, we intend to immediately deploy the net proceeds into Bitcoin purchases to strengthen our overall treasury position as a key tool in managing our treasury of as we continue to grow our business. This raise reflects growing interest in our LSE-listed Bitcoin strategy and helps accelerate our goal of becoming a leading UK main board listed Bitcoin company.”
Vinanz, soon to be renamed the London BTC Company, has raised an impressive £3.579 million at 13.75p per share—well above its initial £1 million target—through a WRAP retail offer and firm direct subscription. The offer, priced just below the current share price of 15.25p, drew strong interest from retail investors on the LSE Main Market looking to diversify their Bitcoin exposure.
This marks a record-breaking WRAP raise for the sector, surpassing prior milestones such as SWC’s €2.3 million offering. The success is attributed in part to Vinanz’s listing on the LSE Main Market under the high-profile ticker BTC, which provides greater access to capital and more flexible fundraising options compared to competitors listed on Aquis.
Vinanz is also pursuing a NASDAQ listing, aiming to broaden its investor base and global reach even further.
