Crypto Currency

Kazakhstan to Launch $1B Crypto Reserve Fund by 2026

Kazakhstan plans to launch a national crypto reserve fund worth up to one billion dollars by early 2026. The fund will be managed under the Astana International Financial Centre and will invest in exchange-traded funds and crypto-focused companies.

According to a Bloomberg report,  central bank governor Timur Suleimenov said in London that it will invest “very carefully” using regulated instruments instead of buying bitcoin directly. The fund will use assets seized or brought back from abroad and proceeds from state-backed mining operations. Officials say the goal is to repurpose confiscated digital assets to support economic sovereignty.

Overall, the project marks Kazakhstan’s strongest step yet toward building a national crypto strategy. It follows years of government experiments in mining and strict control over private operators. 

The idea first came up in 2024 when officials suggested putting all seized crypto and tokens together in one fund. Since then, this new fund has built on that idea, turning idle or confiscated crypto into a managed pool that can help the economy.

Once the fund launches, it may open to foreign investment partners. Moreover, officials hope the program will strengthen Kazakhstan’s role as a fintech hub in Central Asia. 

The move also supports the country’s wider plan to reduce dependence on oil exports. President Kassym-Jomart Tokayev wants Kazakhstan to grow by using new technology and digital money tools. In addition, the country hopes to earn from crypto’s rise by using safe, regulated investments instead of holding coins directly.

Similarly, Kazakhstan’s plan is in line with what other countries are doing. The United States made a crypto reserve in March 2025 to handle seized digital assets. Kazakhstan plans to follow that idea but will focus on safe and legal investment options. The fund is also expected to work alongside projects like Alatau CryptoCity, which promotes blockchain startups and digital payments.

In the end, the plan could make Kazakhstan one of the first nations to blend seized crypto assets into a formal state reserve. Officials believe this step will help the country move beyond oil and become a leader in digital finance.

Also Read: Fomo Raises $17M Led by Benchmark to Expand Trading App

Richard Ogunjobi

Richard Ogunjobi is a well-experienced crypto journalist who has covered topics that cut across several topics and niches. Richard has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, and loving traveling.

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