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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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New Hampshire Launches First-Ever $100M Bitcoin-Backed Bond

New Hampshireโ€™s Business Finance Authority approved the first $100 million Bitcoin-backed municipal bond in the U.S., following the stateโ€™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 Bitcoinโ€™s value falls. Fees and returns from Bitcoin collateral will fund the stateโ€™s Bitcoin Economic Development Fund, supporting innovation and entrepreneurship. This pioneering bond could open the door for digital assets in the $140 trillion global debt market.

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