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, which defines 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 methods for holding digital assets and precious metals, which can be held directly by the state treasurer, by a qualified custodian, or in the form of an exchange-traded product. The legislation emphasizes the importance of secure custody solutions for digital assets, detailing the necessary characteristics and protocols to ensure their safety. The act will take effect 60 days after its passage, on July 5, 2025.