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Arizona Becomes Second State to Create Digital Assets Fund

5/8/2025

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Summary

Hobbs Establishes Bitcoin Fund

Arizona Governor Katie Hobbs has made history by signing House Bill 2749, which creates a state-managed Bitcoin and Digital Assets Reserve Fund for unclaimed digital assets. This groundbreaking move positions Arizona as the second state in the U.S. to implement such a framework, following New Hampshire, and emphasizes responsible management without forced liquidation.

Summary

Ayotte Launches Bitcoin Reserve

New Hampshire has made history as the first U.S. state to create a Strategic Bitcoin Reserve, thanks to Governor Kelly Ayotte's signing of House Bill 302. This groundbreaking law empowers the state treasurer to invest up to 5% of state funds in Bitcoin and other major digital assets, paving the way for financial innovation and diversification.

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Hobbs Establishes Bitcoin Fund

Arizona Governor Katie Hobbs has made history by signing House Bill 2749, which creates a state-managed Bitcoin and Digital Assets Reserve Fund for unclaimed digital assets. This groundbreaking move positions Arizona as the second state in the U.S. to implement such a framework, following New Hampshire, and emphasizes responsible management without forced liquidation.

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