Digital instruments are planned to be used to finance urban infrastructure and investment projects in Alatau City. National Bank Chairman Timur Suleimenov announced this at a Government meeting, according to Kazinform.
According to him, a Tokenization by Default concept has been developed for the city.
“By the end of 2026, the tokenization of the Iconic Tower complex is planned to be launched for up to $50 million. Another project is the Birlik logistics center, with a value of up to $10 million. Both projects will be implemented through the infrastructure of the Kazakhstan Stock Exchange (KASE),” Timur Suleimenov said.
Another key area will be the development of a unified national digital asset market, bringing together the capabilities of the nationwide regulatory framework, the Astana International Financial Centre (AIFC), and Alatau City. As the National Bank Chairman noted, these jurisdictions should complement one another.
Under this model, Kazakhstan is also exploring the establishment of a regional financial and settlement hub for Binance.
Read more: https://www.inform.kz/ru/dva-krupnih-obekta-planiruyut-tokenizirovat-v-alatau-city-1cbc59d5