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Article: Kazakhstan central bank to invest up $350 million in crypto assets

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Kazakhstan's central bank has allocated up to $350 million from its reserves to invest in cryptocurrency-related assets. The investment portfolio will include not just cryptocurrencies, but also shares of high-tech companies in the sector, digital financial assets, and index funds.

Officials state the investments will begin in April-May, emphasizing that the direct investment in cryptocurrencies themselves will not be large. The bank is currently in the process of selecting specific companies, particularly those involved in cryptocurrency infrastructure.

The central bank's total gold and foreign exchange reserves were reported at $69.40 billion as of February 1.

Main Topics: Kazakhstan central bank, cryptocurrency investment, gold and foreign exchange reserves, digital assets, investment portfolio composition.

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https://economictimes.indiatimes.com/tech/technology/kazakhstan-central-bank-to-invest-up-350-million-in-crypto-assets/articleshow/129149442.cms

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Tech-Economic Times

Published Date

2026-03-06 10:43

Fetched Date

2026-03-06 08:30

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2026-03-06 08:31

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Kazakhstan's central bank has formed a portfolio of up to $350 million from gold and foreign exchange reserves for investment in cryptocurrency assets, governor Timur Suleimanov said âon Friday.
At â a â briefing on interest rates, Suleimanov said: "We âare currently developing a list of instruments in which âwe will invest. This includes not only cryptocurrency itself."
"These include shares of high-tech companies related â to cryptocurrencies and âdigital financial assets, index funds and other instruments that exhibit â similar dynamics to crypto assets."
According to Central âBank Deputy Chair Aliya Moldabekova, the âinvestments will begin in April-May.
"We are not talking about any large investment in cryptocurrencies. We are currently selecting companies that deal with âdigital assets. For example, those involved in cryptocurrency infrastructure. We are âcurrently âin the â process of selecting such companies," she said.
As of February 1, central bank gold and foreign exchange reserves stood at $69.40 billion, and the assets of the Kazakhstan national fund amounted to $65.23 billion.
At â a â briefing on interest rates, Suleimanov said: "We âare currently developing a list of instruments in which âwe will invest. This includes not only cryptocurrency itself."
"These include shares of high-tech companies related â to cryptocurrencies and âdigital financial assets, index funds and other instruments that exhibit â similar dynamics to crypto assets."
According to Central âBank Deputy Chair Aliya Moldabekova, the âinvestments will begin in April-May.
"We are not talking about any large investment in cryptocurrencies. We are currently selecting companies that deal with âdigital assets. For example, those involved in cryptocurrency infrastructure. We are âcurrently âin the â process of selecting such companies," she said.
As of February 1, central bank gold and foreign exchange reserves stood at $69.40 billion, and the assets of the Kazakhstan national fund amounted to $65.23 billion.