Eric Adams, the mayor of New York and the main crypto fan among American politicians, is back in business. This time, he wants to cross municipal bonds with bitcoin. And there is already a name — BitBond. The idea is simple: investors will receive a fixed income plus a share of the growth of BTC. The idea, of course, is not new — it was thrown at the Bitcoin Policy Institute, and Adams picked it up and began developing it.

"This will be the first instrument in the history of New York for bitcoin holders," he said at Bitcoin 2025 in Las Vegas. According to him, BitBond will not only give the city money, but also "solve the US fiscal problems." How exactly is still a mystery. But analysts whisper: if everything works out, the treasury will save on interest on the debt. And at the same time, it will lure the crypto business, which has been fleeing the country for years.

He recently created a Cryptocurrency Advisory Council, which will help the city "not screw up" with digital assets.

The details of BitBond are still vague.

It is worth noting that the mayor, who previously represented the Democratic Party, is now running as an independent candidate. This move may be related to his active promotion of the crypto agenda, which does not always find support among traditional political forces.

Everyone reacted differently. Traditional financial institutions treated BitBond with caution, while the crypto community saw in this move a potential opportunity to legitimize digital assets. If successful, the project could pave the way for other similar financial instruments, although it is too early to talk about large-scale changes in the coming years.