PANews reported on November 19th that, according to Crypto in America, the New Hampshire Business Finance Department (BFA) has approved the first Bitcoin-collateralized municipal bond in the United States, amounting to $100 million. The bond is over-collateralized with BTC held by private custodian BitGo, with the BFA acting as a conduit and having no repayment obligation. The bond structure was designed in collaboration between Wave Digital Assets and Rosemawr. If the value of BTC falls below 130%, the bond will be automatically liquidated to protect the rights of holders. The proceeds will be invested in the "Bitcoin Economic Development Fund" to promote innovation within the state.PANews reported on November 19th that, according to Crypto in America, the New Hampshire Business Finance Department (BFA) has approved the first Bitcoin-collateralized municipal bond in the United States, amounting to $100 million. The bond is over-collateralized with BTC held by private custodian BitGo, with the BFA acting as a conduit and having no repayment obligation. The bond structure was designed in collaboration between Wave Digital Assets and Rosemawr. If the value of BTC falls below 130%, the bond will be automatically liquidated to protect the rights of holders. The proceeds will be invested in the "Bitcoin Economic Development Fund" to promote innovation within the state.
New Hampshire approves its first $100 million municipal bond backed by Bitcoin collateral.
PANews reported on November 19th that, according to Crypto in America, the New Hampshire Business Finance Department (BFA) has approved the first Bitcoin-collateralized municipal bond in the United States, amounting to $100 million. The bond is over-collateralized with BTC held by private custodian BitGo, with the BFA acting as a conduit and having no repayment obligation. The bond structure was designed in collaboration between Wave Digital Assets and Rosemawr. If the value of BTC falls below 130%, the bond will be automatically liquidated to protect the rights of holders. The proceeds will be invested in the "Bitcoin Economic Development Fund" to promote innovation within the state.
Market Opportunity
BarnBridge Price(BOND)
$0,09832
$0,09832$0,09832
USD
BarnBridge (BOND) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
InvestCapitalWorld Updates Platform Features to Support Broader Multi-Asset Market Access
The post InvestCapitalWorld Updates Platform Features to Support Broader Multi-Asset Market Access appeared on BitcoinEthereumNews.com. Paris, France, January 16th
Share
BitcoinEthereumNews2026/01/16 21:27
Why X Banned Information Finance Apps In 2026
The post Why X Banned Information Finance Apps In 2026 appeared on BitcoinEthereumNews.com. InfoFi Tokens Crash: Why X Banned Information Finance Apps In 2026 Skip
Share
BitcoinEthereumNews2026/01/16 21:32
Unlikely to break the support at 6.9520 – UOB Group
The post Unlikely to break the support at 6.9520 – UOB Group appeared on BitcoinEthereumNews.com. US Dollar (USD) could edge lower but is unlikely to break the
Share
BitcoinEthereumNews2026/01/16 21:18