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Fortune
Fortune
Leo Schwartz, Ben Weiss

Former New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his “NYC Token” remain vague

(Credit: Ronda Churchill—Getty Images)

During his final days in office, embattled New York City Mayor Eric Adams teased his future after politics, pledging to use cryptocurrency to “go after violence, educate our children, and deal with antisemitism.” 

It didn’t take long for Adams to unveil his plans. On Monday morning, about a dozen reporters and camera operators huddled in the heart of Times Square as Adams detailed the “NYC Token,” his yet-to-be launched cryptocurrency designed to raise funds that will be used to address antisemitism and anti-Americanism, as well as to teach children how to embrace blockchain technology. 

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