Kazakhstan National Bank Invests $300 Million in Crypto Assets

The Kazakhstan National Bank (NBK) has announced plans to invest up to $300 million into cryptocurrency assets. This move follows the NBK’s previous establishment of a crypto reserve fund and aligns with the country’s broader strategy to integrate digital assets and high-tech stocks. The bank intends to make this investment only when market volatility decreases, according to Chairman Timur Suleimenov. The NBK’s cautious approach prioritizes ETFs and stock investments in cryptocurrency companies over direct purchases of crypto tokens.** This strategic shift reflects the challenges posed by the recent decline in crypto prices.

Copyright © 2025 xpool.eu