Digital asset adoption is increasing year after year, spurred by streamlined regulations. A lawmaker in the US state of Kansas has introduced a bill to add digital assets, including Bitcoin, to reserve funds.
Senate Bill 352 (SB352) will allow digital assets to be funded by crypto-native sources, such as airdrops, staking rewards, and interest from state-held digital assets that have not been claimed by the owner.
For newbies, reserve funds are like savings or back-up funds that can be easily used in case of emergencies. Typically, reserve funds include traditional low-risk assets like government bonds and precious metals.
However, as crypto is becoming increasingly popular, reserve funds now constitute digital asset funds supported by staking rewards, airdrops, and other assets. To note, a reserve fund is not always owned by a state/government. Prominent corporate or fintech firms also own a reserve fund.
Digital asset reserve funds grow in number
As mentioned above, crypto is seeing increased adoption, especially from governments around the world. As governments establish streamlined crypto regulations, it is becoming much easier for financial firms to add crypto assets to reserve funds.
As part of treasury management, several firms add cryptocurrencies like Ethereum to their balance sheets. Big fintech firms like Bitmine, Galaxy Digital Holdings, and Block.One are holding Ethereum on their balance sheets.
A balance sheet includes assets and liabilities of a company and the shareholders’ stake.
According to an October 2025 report by global law firm DLA Piper, more than 200 US public firms have legalized adding digital assets to their treasuries. These firms collectively hold nearly $115 billion in virtual assets, specifically Bitcoin and Ethereum.
Besides Bitcoin, firms hold nearly 1.3 million Ethereum, signaling growing momentum toward non-Bitcoin assets.
Why are firms moving towards holding crypto in treasuries?
Several firms believe that a digital asset treasury can bring potential returns, as the price of these assets changes depending on the macroeconomic factors. Moreover, they help in the diversification of treasury assets.
Digital assets also act as a hedge against growing inflation in the traditional financial industry. Moreover, people are embracing crypto assets at an unprecedented rate, showing increased demand, which would help firms and governments to add crypto assets for reserve/treasury.
Although the momentum looks positive, digital asset reserves have certain downfalls, given that the price of crypto is extremely volatile.
