Overview
- Kazakhstan’s National Bank confirmed an allocation of up to $350 million from gold and foreign-exchange reserves for assets tied to digital markets.
- The strategy prioritizes shares of high‑tech and crypto‑infrastructure companies, index funds and similar instruments rather than large direct cryptocurrency purchases.
- Deputy chair Aliya Moldabekova said the list of eligible instruments is being finalized and capital deployment is scheduled for April–May 2026.
- The earmarked sum is a small portion of Kazakhstan’s reserves, which stood at about $69.4 billion as of February 1, underscoring a measured rollout.
- Officials continue to explore a broader state crypto reserve that could combine multiple public assets, a concept that remains under development alongside custody, licensing and CBDC work.