Part ofUnclaimed Property →

AB 2335CALIFORNIASession 20252026

High Impact

AB 2335 creates state reserve funds to manage and liquidate unclaimed digital financial assets

Original title: Unclaimed property: digital financial assets.

August 13, 2026

Unclaimed Property Digital Financial Assets State Finance Consumer Protection Unclaimedproperty digitalfinancialassets

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The Frame

What this does

This bill changes how digital assets like cryptocurrency are handled when abandoned, potentially affecting how owners recover their property and how the state invests the proceeds from liquidated assets.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Owners of digital financial assets

Their unclaimed assets may be liquidated by the state if not claimed within a specific timeframe.

Holders of digital financial assets

They may be directed by the Controller to sell or liquidate assets and deliver the proceeds to the state.

What changed

Last recorded activity August 13, 2026.

What's next

Introduced.

Summary

AB 2335 establishes a new process for the state to take custody of, manage, and eventually liquidate unclaimed digital financial assets if they remain unclaimed by their owners. The bill creates the Digital Asset Claims Reserve Account and the Digital Asset Reserve Fund, and authorizes the State Controller to sell these assets for cash if they are not claimed within 18 to 20 months of being reported.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

Frequently Asked Questions

What happens to my digital assets if I forget about them?

Under this bill, the state would hold them for 18 to 20 months. If you do not claim them during that time, the state will sell them and hold the cash proceeds for you.

Can I still get my assets back if they have been sold?

Yes, if you make a valid claim, you are entitled to receive the value of your assets in cash if they were liquidated.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

State-mandated liquidation of digital assets

The bill shifts the state's role from merely holding intangible property to actively managing and liquidating digital assets through a new board and reserve fund structure.

State Controller Digital Asset Reserve Board

Connected Entities

organizationState Treasurer“Responsible for investing moneys in the Digital Asset Claims Reserve Account.”Map →

otherDigital Asset Claims Reserve Account“New account created to hold proceeds from liquidated digital assets.”Map →

organizationState Controller“Responsible for receiving, holding, and liquidating unclaimed digital assets.”Map →

organizationDigital Asset Reserve Board“New board created to set investment policies for digital asset funds.”Map →

organizationTreasurer“Responsible for investing money from the Digital Asset Claims Reserve Account.”Map →

otherDigital Asset Reserve Fund“New fund created to receive interest and earnings from digital asset investments”Map →

Sources

Open source document

openstates.org

Analysis Score

0–100

Significance75
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level

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