The Plan
A Strategic Reserve: Florida would hold specific cryptocurrencies (like $BTC Bitcoin) as a financial safety net, managed by the state's Chief Financial Officer.
A New Trust Fund: A dedicated fund would be created to hold these assets, using state money and potentially revenue from blockchain events like "airdrops."
Security Measures: The state would only invest in established digital assets with a market cap over $500 billion to ensure stability.
What Happens Next?
If passed, these laws would officially start on July 1, 2026. This move is part of Florida's ongoing effort to become a "crypto-friendly" state and diversify its investments.
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