New Hampshire Launches First-Ever $100M Bitcoin-Backed Bond
The post New Hampshire Launches First-Ever $100M Bitcoin-Backed Bond appeared first on Coinpedia Fintech NewsNew Hampshire's Business Finance Authority approved the first $100 million Bitcoin-backed municipal bond in the U.S., following the state's earlier move to invest up to 5% of its treasury in digital assets. The bond uses over-collateralized Bitcoin held by BitGo, protecting investors if Bitcoin's value falls. Fees and returns from Bitcoin collateral will fund the ...