Bitcoin enters the public bond market, Moody's assigns its first rating to crypto-backed bonds
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```htmlJinse Finance reported that on April 1, the New Hampshire Bureau of Banking and Securities plans to issue what appears to be the first-rated Bitcoin-backed bond, with Moody's giving it a preliminary Ba2 rating, marking a new intersection between crypto assets and public finance. These bonds are backed by Bitcoin held in custody at BitGo as supporting assets. This type of security features a limited recourse structure, ensuring that New Hampshire’s public funds are not at risk, indicating the state primarily acts as a conduit issuer. Meanwhile, rating agencies are continuously refining their assessment methods for crypto asset-backed debt.```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Refuels says July Bio-CNG volumes rise 6% to 5,860 tonnes
Reuters•2026/08/11 04:04

Aether Catalyst names Martin Woodward to board as Neil Branda resigns
Reuters•2026/08/11 03:52
Crypto prices
MoreBitcoin
BTC
$64,067.94
-1.41%
Ethereum
ETH
$1,878.38
-2.06%
Tether USDt
USDT
$0.9990
-0.02%
USDC
USDC
$0.9997
-0.01%
XRP
XRP
$1.01
-1.63%
Solana
SOL
$76.04
-0.75%
TRON
TRX
$0.3312
+0.47%
Hyperliquid
HYPE
$55.37
+2.26%
Dogecoin
DOGE
$0.07003
+0.56%
Zcash
ZEC
$493.42
-2.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now