Kazakhstan establishes first crypto reserve
The crypto reserve was established by the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan under the management of Qazaqstan Venture Group and is registered within the ecosystem of the Astana International Financial Centre (AIFC).
The fund is primarily aimed at long-term investments in digital assets and building up reserves. In the long run, Alem Crypto Fund could also become a tool for state savings, expanding the nation’s capability in managing the finances of the future.
“Establishing Alem Crypto Fund is a step toward the development of digital finance in Kazakhstan. Our goal is to make it a reliable tool for large investors and an essential foundation for digital state…
