Kazakhstan national bank allocates $190 million from crypto reserve, national bank says

Kazakhstan national bank allocates $190 million from crypto reserve, national bank says
Kazakhstan invests crypto reserve in ETFs

Kazakhstan's national bank has invested $190 million of its $700 million crypto reserve in hedge funds and digital asset ETFs.

This information was highlighted by Scott Melker.

Melker has previously reported on delayed upgrades to digital asset platforms, including a postponement of the XRP Ledger lending code update due to insufficient validator support. He also noted Aviva Investors' decision to launch a tokenized share class for its £22 billion sterling fund on the XRP Ledger. These updates reflect a recent focus on institutional moves in digital asset markets.

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