Kazakhstan to Launch $500M–$1B Crypto Reserve Fund Focused on ETFs
Kazakhstan plans to establish a national cryptocurrency reserve fund valued between $500 million and $1 billion using seized overseas assets. The fund will prioritize investments in crypto ETFs and equities of digital currency companies rather than direct cryptocurrency holdings, according to Central Bank Governor Timur Suleimenov. The initiative targets operational readiness by late 2025 or January 2026.