Former NYC mayor Adams launches cryptocurrency he says will combat antisemitism

Luke Tress is The Times of Israel's New York correspondent.

Former New York City mayor Eric Adams announces the launch of a new cryptocurrency, NYC Token, that he says will fight antisemitism.

Adams, who left office on January 1 when his successor Zohran Mamdani came to power, is a staunch supporter of Israel and Jewish communities, and prioritized combating antisemitism while in office.

He announces NYC Token with a video of himself in a city taxi cab.

“We’re about to change the game,” he says in the video. “This thing is about to take off like crazy.”

NYC Token will combat antisemitism by donating a portion of its proceeds to programs that educate about Jewish history, culture, and antisemitism, the token’s website says.

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