Kazakhstan Launches Alem Crypto Fund with Binance Partnership

• Alem Crypto Fund made its first investment by purchasing BNB, which is the native token of the BNB Chain.
• The fund has chosen Binance Kazakhstan as its strategic partner. Binance Kazakhstan is a locally licensed firm that operates inside the global Binance ecosystem.

In Kazakhstan, Alem Crypto Fund, a brand-new cryptocurrency fund, has begun operations. It was founded by the Republic of Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, is run by Qazaqstan Venture Group, and is registered under the Astana International Financial Center (AIFC) ecosystem.

Both the accumulation of strategic reserves and the making of long-term investments in digital assets are the key goals of the fund. It is possible that in the future, Alem Crypto Fund may also function as a vehicle for state-level savings, therefore strengthening the ability of the nation to manage the finances of the future.

“The creation of the Alem Crypto Fund is a step toward advancing digital finance in Kazakhstan. Our goal is to make it a reliable instrument for major investors and a key foundation for digital state reserves” noted Zhaslan Madiyev, Deputy Prime Minister – Minister of Artificial Intelligence and Digital Development of the Republic of Kazakhstan.

The fund has chosen Binance Kazakhstan as its strategic partner. Binance Kazakhstan is a locally licensed firm that operates inside the global Binance ecosystem. Binance is the most prominent participant in the digital asset market in the world.

Alem Crypto Fund made its first investment by purchasing BNB, which is the native token of the BNB Chain. This financial transaction was carried out in collaboration with Binance Kazakhstan.

BNB is used for the processing of transactions, the payment of fees, and participation in the administration of the network. BNB is now one of the most stable and prominent digital assets on the world market, with a market cap of over $138 billion. This makes it one of the most valuable digital assets.

“We are proud that Binance Kazakhstan has become the strategic partner of the Alem Crypto Fund. The fund’s choice of BNB as its first digital asset highlights the trust in the Binance ecosystem and marks a new chapter for institutional recognition of cryptocurrencies in Kazakhstan. This is an important step toward building a transparent and secure digital asset market, where government initiatives and global technologies work together for the benefit of the national economy” commented Nurkhat Kushimov, General Manager of Binance Kazakhstan.

Binance Kazakhstan is a firm that has been granted permission by the Astana Financial Services Authority (AFSA), which is the financial regulator of the Astana International Financial Centre (AIFC), to function as a facility for trading digital assets, offering custody services, and dealing with investments as principle.

Verification of the license’s status and its validity may be done on the AFSA website, which can be found at www.afsa.kz.

BNB is the native coin of the BNB Chain network, which is a decentralized network. It is used for the purpose of paying for transactions, covering fees, and taking part in the administration of the network. During the summer of 2025, the market capitalization of BNB topped $138 billion, therefore reaffirming its position not only as a pioneer among cryptocurrencies but also as a worldwide power in the constantly expanding digital capital markets.