Kazakhstan Partners with Binance to Create State-Backed Crypto Fund

TLDR Kazakhstan has launched the Alem Crypto Fund in collaboration with Binance to manage state-backed crypto assets. The fund’s first investment is in BNB, the utility token of Binance, to build long-term digital reserves. Qazaqstan Venture Group manages the fund under the Astana International Financial Centre. Kazakhstan aims to strengthen its position in the global [...]

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