Summary
- Kazakhstan announced that it launched a state-owned virtual asset fund.
- The fund's first investment target is Binance Coin (BNB).
- The fund said it aims for long-term investment in virtual assets.
Kazakhstan has launched a state-owned virtual asset (cryptocurrency) fund.
On the 29th (local time), local media Capital reported that Kazakhstan has begun operating the state-owned virtual asset fund Alem Crypto Fund (Alem Crypto Fund). The first investment target is Binance Coin (BNB). The size of the purchase was not disclosed.
The fund aims for long-term investment in virtual assets.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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