Kazakhstan strengthens international partnership in the digital asset industry

Nov 07, 2025

The owner of Kazakhstan's Alatau City Bank, Vyacheslav Kim, and DDH (North America) Inc., with the support of the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, have signed a memorandum of understanding worth US$300 million. The purpose of the agreement is to strengthen strategic partnerships in the field of digital mining, modernize energy and computing infrastructure, and attract private investment to create modern data centers and increase the transparency and efficiency of Kazakhstan's mining industry, DKNews.kz reports.

Kazakhstan is building an open and strategically oriented model of cooperation in the digital asset industry. The signing of a memorandum between a Kazakh investor and an American mining company reflects a policy to international partnership, technology exchange, and the development of sustainable investment ties. For Kazakhstan, this is an opportunity to adopt best practices, strengthen competencies, and lay the foundation for joint innovation in the field of digital mining and artificial intelligence. Such projects contribute to strengthening Kazakhstan's status as a reliable and responsible participant in the global digital economy," said Deputy Prime Minister – Minister of Artificial Intelligence and Digital Development of the Republic of Kazakhstan Zhaslan Madiyev.

"The signing of the memorandum with one of the world's leading players in the data processing market is aimed at strengthening international partnerships for Kazakhstani businesses in the fields of information technology, digital asset development, artificial intelligence, and other areas that are priorities for the economy of the Republic of Kazakhstan. We view this cooperation not only as an investment project, but also as a unique opportunity to transfer innovations, increase expertise in the creation of energy and computing infrastructure, develop cloud technologies and other integral elements of the digital economy of the future," emphasized Vyacheslav Kim, owner of Alatau City Bank.