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Kazakhstan Invests About $190M of Crypto Reserve in Funds and ETFs

The reserve totals $700 million, according to crypto.news

№ 1717Published 1 min read

Unconfirmed information: this report has not yet been verified by independent sources.

crypto.news reports that Kazakhstan has invested about $190 million from its national crypto reserve in hedge funds and exchange-traded funds offering exposure to digital assets.

According to the publication, the reserve totals $700 million. Binur Zhalenov, deputy chairman of the National Bank of Kazakhstan, disclosed the investments in an interview with Kazinform.

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Kazakhstan Invests $190M of Crypto Reserve in Funds | $uicideChain