🚨 Kazakhstan has launched a new state-backed Alem Crypto Fund under the Astana International Financial Centre. The fund’s first disclosed purchase is $BTC , making it one of the first national vehicles to publicly add the token to its portfolio.

The government hasn’t revealed how much BNB was bought, and this isn’t part of the country’s central bank reserves but rather a separate fund created for digital assets.

Details on governance and the full portfolio are still limited, but it’s a notable step for Kazakhstan as it moves deeper into the crypto space.