Solana Company has entered a formal partnership aimed at building the blockchain and crypto infrastructure for Alatau City, Kazakhstan’s planned digital-first megacity. The Nasdaq-listed firm signed a memorandum of understanding (MOU) during the Alatau City Roadshow in Shenzhen and Hong Kong in June, according to the report that said the event yielded 30 cooperation agreements with a combined investment potential of more than $6 billion.

Solana Company chairman and CEO Joseph Chee said the parties plan to deepen their relationship and expand Solana’s ecosystem presence across the region. The agreement also adds to Kazakhstan’s growing exposure to Solana-related initiatives, including a Solana Economic Zone launched in Astana last…