Kazakhstan’s government is planning a new national digital-asset reserve, targeting between $500 million and $1 billion in assets by early 2026. The fund will be financed using seized cryptocurrencies, repatriated offshore funds, and earnings from licensed mining operations. It will focus on investing in regulated exchange-traded funds (ETFs) and digital asset companies rather than holding Bitcoin directly. This initiative is envisioned as a hybrid sovereign model aimed at attracting foreign investors and solidifying Kazakhstan’s position within the cryptocurrency market. The fund will be housed within the Astana International Financial Centre, allowing for regulatory oversight.