Kazakhstan invests $190 million from its $700 million crypto reserves
2026-11-11 01:15:33
According to CoinMeta, Kazakhstan has invested approximately $190 million from its $700 million national crypto reserve in hedge funds and exchange-traded funds (ETFs) to gain access to digital assets. Binur Zarenov, the deputy governor of the National Bank of Kazakhstan, stated in an interview with Kazinform that the investment amount is expected to reach around $190 million by the end of October. According to reports, Kazakhstan has invested about $100 million in crypto-related funds, including EGE DeFi, Brevan Howard Digital, and PDO. An additional $90 million has been invested in Bitcoin-focused cryptocurrencies and ETF.
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Source:Cryptonews
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