Kazakhstan Launch Its First Crypto Reserve, Select Binance for Growth

Astana, 29 September 2025: Kazakhstan has already introduced its first crypto reserve, named Alem Crypto Fund, which is intended to invest in digital assets in the long term and promote the development of the technological economy in the country.

It was created by the Ministry of Artificial Intelligence and Digital Development and operated within the framework of the Astana International Financial Centre (AIFC) by the Qazaqstan Venture Group.

Purpose of Alem Crypto Fund

The primary purpose of this Alem is to make long-term investments in digital assets and establish strategic reserves of the country in cryptocurrency.

In the future, the fund may also serve as a national reserve tool, helping the nation manage state-level savings and support its financial strategies in the digital age.

Source: Wu Blockchain X

Zhaslan Madiyev, Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, said:

“The creation of the Alem is is a step toward advancing technical finance in the nation. Our goal is to make it a reliable instrument for major investors and a key foundation for state reserves.”

Partnership with Binance Kazakhstan

The fund’s strategic partner is Binance Kazakhstan, a locally licensed company within the global BNB ecosystem. This exchange is one of the world’s largest cryptocurrency platforms and provides trading, investment, and custody services worldwide.

Through this partnership, Alem made its first investment in BNB, the native token of the BNB Chain. Binance Coin (BNB) is widely used for transaction processing, paying fees, and participating in network governance.

Nurkhat Kushimov, General Manager of Binance Kazakhstan, said:

“We are proud to partner with Alem. The decision to make BNB the first digital asset demonstrates confidence in the Binance ecosystem and a new step in the cryptocurrency acceptance in the country.

About BNB and Its Importance

It is a top cryptocurrency with a market capitalization of more than 138 billion by 2025. It is regarded as one of the most stable and powerful assets throughout the world. Investing in this coin, the nation shows its intentions to create a clear and safe crypto market and combine the governmental initiatives with global technologies.

How Binance Kazakhstan Supports the Fund?

The Astana Financial Services Authority (AFSA) has licensed Binance Kazakhstan to be a digital asset trading facility. It offers investment management, custody services, and regulated crypto trading in the nation. This guarantees that Alem Fund will be operating within a safe and lawful environment, safeguarding the government and investors.

Looking Ahead

The crypto reserve in Kazakhstan is a great move. The fund will enable the large investors, help create the national reserves, and enhance the position of the country in the world asset market.

Through government assistance and the best cryptocurrency infrastructure in the world by the BNB exchange, the country will establish a stable, clear, and innovative platform to invest in assets on a long-term basis. Recently, Kazakhstan launched Central Asia's first Bitcoin ETF . This shows cryptocurrency development in the country.