HB 2749. signed into law in May 2025. is Arizona's groundbreaking legislation that sets up a Digital Asset Reserve Fund to manage unclaimed cryptocurrency. Known officially as the Digital Asset Reserve Fund Act, this law marks one of the first state-level efforts to integrate digital assets into public financial infrastructure.
Here's what the bill does, who manages the assets, and why it matters.
What Does HB 2749 Require?
The bill mandates that digital assets left unclaimed for three years must be transferred to Arizona's Department of Revenue. These assets will be held in a newly created state-managed fund overseen by the State Treasurer.
Qualified custodians are authorized to:
Stake eligible assets
Receive and manage airdrops
Collect rewards for the state reserve
However, the law specifically prohibits the state from directly investing taxpayer money into cryptocurrencies.
How Is the Reserve Fund Managed?
The fund operates under strict oversight, with legislative checks to ensure transparency. Only qualified custodians can manage the staking process, ensuring a secure and compliant environment for handling these digital assets.
This makes Arizona one of the few US states actively embracing digital assets in a regulated and structured manner, without relying on taxpayer capital.
What Are the Strategic Implications?
HB 2749 positions Arizona at the forefront of digital asset governance. The state benefits from the appreciation and staking yields of digital assets while avoiding direct market exposure. This approach could inspire other US states to follow suit.
Conclusion
Arizona's HB 2749 marks a significant step toward integrating crypto into state-level governance. By leveraging unclaimed digital assets in a secure and transparent manner, the state sets a new precedent for digital asset policy in the public sector.
