PANews reported on March 27 that according to Blockspace Media, the web development company The Smarter Web Company will be listed on the UK public market as early as April 2, with Bitcoin on its balance sheet and authorization to purchase more Bitcoin. Tyler Evans, co-founder of UTXO Management, is listed as a director of The Smarter Web Company. The Smarter Web Company CEO Andrew Webley mentioned that UTXO management invested in the company before its IPO and was classified as a "significant investor" under UK reporting rules, which means it owns more than 3% of the company's shares.