New Hampshire (NH) has made crypto history by becoming the first US state to approve a Bitcoin (BTC) backed municipal bond. On 17 November 2025, the state’s Business Finance Authority (BFA) decided to give the go-ahead for a $100 million bond backed by BTC instead of going the traditional route of using government credit or public project revenue. Here is the twist, however. Companies that want to borrow through this bond will have to fork up BTC worth 160% of the bond’s value. At the same time, if the p ...

Core Insights - ApexPay Technologies Venture Limited has successfully completed a Series A funding round, raising several million USD, which reinforces its leading position in the integration of crypto assets and traditional finance [1] - The funding will support the company's efforts in building a compliant global financial infrastructure network and enhancing the integration of crypto assets with traditional cross-border payment scenarios [1] Company Developments - ApexPay has achieved significant progress in ecosystem collaboration and scenario implementation, providing customized solutions for clients in commodity trading, cross-border e-commerce, and foreign exchange platforms [2] - The company has a scalable business model that connects with the global banking system and virtual asset payment channels, holding multiple core licenses, making it a preferred partner for cross-border crypto payments and multi-currency settlements [1] Funding Utilization - 25% of the funds will be allocated to the development of a stablecoin project, including legal structure construction and initial project testing [3] - 20% will be used for global market and team expansion, focusing on emerging regions like Central Asia, Latin America, and Europe [3] - 20% will be invested in brand and ecosystem development to enhance industry influence and customer reach [3] - 35% will be directed towards technology and compliance upgrades, including the integration of various financial modules and strengthening compliance capabilities [3] Strategic Vision - The founder team emphasizes that this funding round will be crucial for accelerating the company's global expansion, focusing on cross-border transaction security and compliance capability upgrades [4] - Industry experts highlight ApexPay's unique competitive advantage in the cross-border crypto payment sector, driven by its differentiated positioning based on stablecoin OTC business and real trade backgrounds [4]