Kazakhstan Unveils Alem Crypto Fund for Strategic Digital Asset Investments
ASTANA – A new Alem Crypto Fund has started operating in Kazakhstan for long-term investment in digital assets and building strategic reserves. It was established by the Ministry of Artificial Intelligence and Digital Development, managed by Qazaqstan Venture Group, and registered within the Astana International Financial Centre (AIFC).
Photo credit:gov.kz
The fund’s primary objective is to make long-term investments in digital assets and build strategic reserves. In the future, it may also serve as a vehicle for state-level savings.
According to Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev, the creation of the Alem Crypto Fund is a step toward advancing digital finance…