New York City Invests in Bitcoin: Introducing BitBonds

In a bold move to attract cryptocurrency investors, New York City has launched the first-of-its-kind Bitcoin-backed municipal bonds known as BitBonds. This innovative initiative marks a significant shift towards digital finance and could reshape the future of government funding. Mayor Eric Adams announced his plan at the Bitcoin 2025 conference, highlighting how BitBonds will provide an alternative financial instrument for crypto holders. The city hopes to attract new investors to support infrastructure modernization while leveraging Bitcoin’s growing popularity.