New Hampshire Bitcoin-Backed Municipal Bond Project
Sector: Government • Location: New Hampshire, United States
Source: MEXC Exchange
New Hampshire's first-of-its-kind Bitcoin-backed US municipal bond project has been provisionally rated by Moody's Investors Service. The project involves issuing $100 million worth of bonds backed by overcollateralized Bitcoin, allowing companies to borrow against this collateral. BitGo Trust Company Inc. serves as the custodian for the Bitcoin collateral, and the project was designed by Wave Dig
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
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's first-of-its-kind Bitcoin-backed US municipal bond project has been provisionally rated by Moody's Investors Service. The project involves issuing $100 million worth of bonds backed by overcollateralized Bitcoin, allowing companies to borrow against this collateral. BitGo Trust Company Inc. serves as the custodian for the Bitcoin collateral, and the project was designed by Wave Digital Assets in partnership with Rosemawr Management. The bond aims to support the creation of the Bitcoin Economic Development Fund to promote business growth and financial innovation in New Hampshire. |
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 |