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New Hampshire Bitcoin-Backed Municipal Bond

Sector: Mass Transit • Location: New Hampshire, USA

Source: The Boston Globe

Project
Planned

New Hampshire plans to establish a $100 million municipal bond backed by Bitcoin. The bond will be issued by the New Hampshire Business Finance Authority and is designed to attract blockchain-related innovation and investment without risking public funds. Investors will be repaid by a private borrower, not the government, with Bitcoin as collateral. The bond carries a speculative credit rating due

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Project Information

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The project “New Hampshire Bitcoin-Backed Municipal Bond” is an infrastructure initiative in the Mass Transit sector, located in New Hampshire, USA. Taiyo aggregates data on it from The Boston Globe.

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Participants

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Status

Original status

planned

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Description

Description

New Hampshire plans to establish a $100 million municipal bond backed by Bitcoin. The bond will be issued by the New Hampshire Business Finance Authority and is designed to attract blockchain-related innovation and investment without risking public funds. Investors will be repaid by a private borrower, not the government, with Bitcoin as collateral. The bond carries a speculative credit rating due to the volatility of Bitcoin.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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