New hampshire's move to establish a $100 million private-sector bitcoin bond marks a significant step towards governmental and institutional adoption. this sets a precedent that could encourage other states to explore similar initiatives, validating bitcoin as a viable asset for state finances.
The information comes from coindesk, a reputable crypto news source, detailing an official action by the new hampshire business finance authority, with direct quotes from a state representative. this indicates a high level of factual accuracy regarding the reported events.
The establishment of a bitcoin bond by a state entity, even if private-sector backed, signals growing confidence in bitcoin as a store of value and an inflation hedge. the bond's success is tied to a rising bitcoin value, indicating a positive outlook from the initiators. this new demand channel and legitimization are bullish for btc.
While the immediate market reaction might be moderate, the long-term implications are significant. this initiative serves as a template for other states, potentially leading to a broader trend of governmental integration of bitcoin into financial strategies, creating sustained demand and legitimization over time.
Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond. By Jesse Hamilton | Edited by Nikhilesh De Nov 19, 2025, 7:26 p.m. New Hampshire is moving toward the establishment of a $100 million crypto bond. (Nils Huenerfuerst/Unsplash) What to know : The New Hampshire Business Finance Authority, an organization meant to boost the state's economy, made the first big maneuver to stand up a $100 million bitcoin bond. While the bond is initiated by the state entity, it would be backed and managed by a private-sector partner, assuming one comes forward. New Hampshire moved this week to foster the state's first effort toward establishing a $100 million bitcoin BTC $ 88,880.19 bond, which would be directed by a state entity but backed by a private-sector firm, according to those involved with the effort. STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The New Hampshire Business Finance Authority authorized "$100,000,000 bonds for a project to acquire and hold digital currency," according to the description on its agenda . The NHBFA doesn't direct state-backed bonds, but encourages private-sector entities to administer them. If that happens with this bond, the New Hampshire Executive Council will review the deal and vote on whether to approve it. Once approved, the project will go live — the first of its kind in the nation. The NHBFA is a self-funded, state-created organization meant to foster New Hampshire's economic development. Proceeds from its bond projects return to the entity to help bolster its operation. State Representative Keith Ammon, a longtime advocate for crypto policy in New Hampshire, said this first bitcoin bond effort is meant to be a template for more to come. "Bitcoin can partially insulate our state's runaway inflation," he said in an interview with CoinDesk. "This is like training wheels to get to that point, protecting our state's finances from future devaluation of the dollar." He said the two-year bond would be reliant on a rising value for bitcoin. In this past year, BTC is down about 6%, after having climbed steadily for months before its sharp decline beginning last month. New Hampshire has been in the forefront of state governments pursuing crypto policies. The New England state was the first to establish a crypto reserve earlier this year, moving much more quickly than the federal government, which is still in the planning stages. New Hampshire Bitcoin News Bond State Government More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote By Jesse Hamilton | Edited by Nikhilesh De 3 hours ago The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job. What to know : The Senate Banking Committee voted 13-11 to advance Travis Hill's confirmation as chairman of the Federal Deposit Insurance Corp. to a final vote of the overall Senate. If Hill gets that confirmation, President Donald Trump will have another crypto-friendly regulator atop on of the key financial agencies. Read full story Latest Crypto News Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy 12 minutes ago AI Agents Need Identity and Zero-Knowledge Proofs Are the Solution 1 hour ago Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says 2 hours ago Stella's XLM Token Breaks Key $0.25 Support as Altcoins Suffer Continued Drawdown 2 hours ago Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows 2 hours ago HBAR Slides 0.5% to $0.146 as Technical Support Crumbles 2 hours ago Top Stories Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy 12 minutes ago Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says 2 hours ago Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote 3 hours ago Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M 3 hours ago Bitcoin Market Watch: Nvidia Earnings, Fed Minutes and Payrolls to Set the Tone 7 hours ago Crypto ETFs Enter Maturity Phase as IRS and SEC Actions Drive Rapid Expansion of Products 4 hours ago In this article BTC BTC $ 88,880.19 ◢ 4.66 %