The authorities in Kazakhstan plan to invest up to $700 million from foreign exchange reserves and the National Fund into instruments linked to the crypto market. Initial investments may reach $350 million.

Source Incrypted 

The investment is not a direct purchase of Bitcoin but involves shares in crypto companies, ETFs, and other derivative instruments whose value dynamics depend on crypto assets. The first investments are expected in April–May 2026.

This move indicates a growing state interest in digital assets and a strategy to diversify reserves considering the crypto market. Future investment volumes may increase depending on market…