This bill amends current law to allow the state treasurer to invest state funds in precious metals and digital assets. A new section, 6:8-d, is added to RSA 6, defining key terms such as "Exchange-Traded Product," "precious metal," "qualified custodian," and "secure custody solution." The bill specifies that the state treasurer may invest a portion of public funds in precious metals and digital assets with a market capitalization exceeding $500 billion, while ensuring that no more than 5 percent of total public funds are invested in these assets.

Additionally, the bill outlines the conditions under which digital assets and precious metals can be held, including direct custody by the state treasurer, custody by a qualified custodian, or in the form of exchange-traded products. The legislation emphasizes the importance of secure custody solutions for digital assets, detailing requirements for cryptographic key management and disaster recovery protocols. The act is set to take effect 60 days after its passage, on July 5, 2025.