On September 30, according to foreign media reports, Kazakhstan launched the first crypto fund, Alem Crypto Fund, which was initiated by the Ministry of artificial intelligence and digital development of the Republic of Kazakhstan, managed by Qazaqstan Venture Group, and registered in the Astana International Financial Center (AIFC) ecosystem.
The main objective of the fund is to make long-term investments in digital assets and build strategic reserves. In the future, the Alem Crypto Fund may also serve as a savings vehicle at the national level, expanding the country's capabilities in future financial management. The strategic partner of the fund is Binance Kazakhstan, a locally licensed company that is part of the global Binance ecosystem and a leader in the global digital asset industry.
In collaboration with Binance Kazakhstan, Alem Crypto Fund made its first investment in BNB, the native token of BNB Chain. BNB can be used to process transactions, pay fees, and participate in network governance.
Kazakhstan launches first crypto fund, Alem Crypto Fund, has invested in BNB
2025-09-29 16:56:17
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