Kazakhstan launches state-run Alem Crypto Fund, purchases Binance Coin — Details here

Kazakhstan launched its own state-backed investment vehicle, Alem Crypto Fund, on Tuesday, 30 September 2025, as the nation aims to invest in long-term cryptocurrency holdings, according to a CoinMarketCap report.

According to the agency report, the fund made its first purchase of the Binance Coin, partnering up with the company Binance Kazakhstan for the initiative.

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