Bermuda plans to amend its Public Funds Act to invest in digital assets and build a fully on-chain economy.

Premier David Burt has announced that Bermuda intends to amend the Public Funds Act, opening the door for the island's public funds to invest directly in digital assets. The move signals a deliberate push toward what Burt described as a fully on-chain economy — not just regulatory tolerance, but active state participation.

Bermuda has long positioned itself as a crypto-friendly jurisdiction, but amending public fund law takes that stance from policy to balance sheet. If passed, it would make Bermuda one of the few sovereign-level actors to formally allocate public capital to digital assets — a meaningful precedent for other small-nation financial hubs watching closely.