New Hampshire $100M Bitcoin-backed Municipal Bond
Sector: Bridge • Location: New Hampshire, United States
Source: TradingView
New Hampshire has approved the issuance of a $100 million municipal bond backed by Bitcoin, the first structure of its kind at the US state level. The bond allows companies to borrow against overcollateralized Bitcoin held by a private custodian, with the state or taxpayers not backing the bond. The bond is designed to utilize Bitcoin as collateral under municipal and corporate bond rules, aiming
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | approved |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | New Hampshire has approved the issuance of a $100 million municipal bond backed by Bitcoin, the first structure of its kind at the US state level. The bond allows companies to borrow against overcollateralized Bitcoin held by a private custodian, with the state or taxpayers not backing the bond. The bond is designed to utilize Bitcoin as collateral under municipal and corporate bond rules, aiming to bridge traditional fixed income with digital assets for institutional investors. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |