Alem Crypto Fund has begun to work in Kazakhstan. It was founded by the Ministry of Artificial Intelligence and Digital Development of Kazakhstan, which is administered by the Kazakhstan Venture Group and registered in the ecosystem of the International Financial Center (AIFC) of Astana.
The main objective of the fund is to make long -term investments in digital property and create strategic reserves. In the future, the Alem Crypto Fund can also serve as a state-level saving vehicle, expanding the country’s capabilities in the financial arrangements of tomorrow.
“The design of the Alem Crypto Fund is a step towards leading digital finance in Kazakhstan. Our goal is to make it a trusted tool for big investors and the main foundation of digital state reserves,” Deputy Prime Minister Zaisalan Madiyev – Artificial Intelligence and Digital Development of Digital Development.
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The fund’s strategic partner Binance is Kazakhstan – a locally licensed company of the world’s leading player Global Binance Ecosystem in the digital asset industry.
In partnership with Binance Kazakhstan, the Elem Crypto Fund first invested in BNB – the original token of the BNB chain.
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BNB is used to process transactions, pay fees and participate in network governance.
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