New York City is doubling down on its ambitions to become a leading force in the cryptocurrency industry, with Mayor Eric Adams taking center stage. He’s unveiling strategies to attract crypto companies and startups back to the city after years of decline. A surge in global market value for digital assets has fueled this renewed initiative. 3.4 trillion dollars is the current market cap, representing a notable 3.3% increase just in the last day. This comes as Adams, who has publicly embraced blockchain technologies, aims to position NYC as a hub for digital asset innovation. To facilitate his vision, he’s formed strategic partnerships with industry leaders, including June Ou from Figure and Richie Hecker from Traction and Scale. These advisors will help shape the city’s digital asset roadmap. This effort echoes former President Trump’s call to make the U.S. a global leader in digital assets. Since taking office in January 2022, Adams has embedded crypto in his political identity, even converting his initial three paychecks into Bitcoin. The future of finance is being shaped by New York City’s commitment to innovation and regulatory clarity.