Kazakhstan is consolidating its position in the global digital finance sector by establishing a national cryptocurrency reserve fund worth between 500 million and 1 billion USD, according to Bloomberg. This initiative aims to diversify financial assets and promote innovation in the blockchain and fintech sectors. Instead of directly holding cryptocurrencies, the fund will invest in ETF funds and companies operating in the cryptocurrency ecosystem to mitigate volatility risks.
A portion of the capital will come from seized or repatriated assets from abroad, reflecting the government's efforts to effectively manage national assets. The fund is also expected to promote transparency, attract foreign investment, and transform Kazakhstan into a center for digital asset development in the region, with a planned launch date in early 2026.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Kazakhstan will launch a national cryptocurrency reserve fund worth 1 billion USD in 2026.
Kazakhstan is consolidating its position in the global digital finance sector by establishing a national cryptocurrency reserve fund worth between 500 million and 1 billion USD, according to Bloomberg. This initiative aims to diversify financial assets and promote innovation in the blockchain and fintech sectors. Instead of directly holding cryptocurrencies, the fund will invest in ETF funds and companies operating in the cryptocurrency ecosystem to mitigate volatility risks.
A portion of the capital will come from seized or repatriated assets from abroad, reflecting the government's efforts to effectively manage national assets. The fund is also expected to promote transparency, attract foreign investment, and transform Kazakhstan into a center for digital asset development in the region, with a planned launch date in early 2026.