New Hampshire agency plans to issue $100 million Bitcoin-backed bonds, rated as speculative grade by Moody's

BlockBeats message, April 1, the New Hampshire Bureau of Business and Economic Affairs plans to issue a $100 million Bitcoin-backed bond, which has received a speculative-grade rating of “Ba2” from Moody’s. BitGo will serve as the custodian and clearing agent, responsible for liquidating Bitcoin when necessary to pay interest and principal.

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