- Kazakhstan strengthens investor confidence through reforms, digital innovation, and financial market growth.
- The National Bank plans a $1 billion crypto reserve to diversify assets.
- KASE reports rising liquidity, foreign investor interest, and strong securities market performance.
Kazakhstan Capital Markets Day 2025 was hosted by the Kazakhstan Stock Exchange (KASE), the National Bank of Kazakhstan (NBK) and the Agency for Regulation and Development of the Financial Market (ARDFM) at the Bloomberg office in London on November 5, 2025. The conference attracted some of the most influential stakeholders in the government institutions, financial institutions and international investment companies. The theme of macroeconomic development, market modernization and digital transformation was discussed. The event highlighted the dedication of Kazakhstan to enhance the confidence of the investors and the spread of its financial presence globally.
Kazakhstan Highlights Financial Progress and Market Growth
Timur Suleimenov, the Governor of the National Bank of Kazakhstan, gave the economic perspective of that country, including structural reforms, enhancement of fiscal discipline, and monetary stability efforts. He claimed that the introduction of the digital tenge, the development of open banking, and payment systems based on APIs were some significant steps toward financial modernization. These actions were observed to enhance investment attractiveness and fintech advancement in the dynamic financial system of Kazakhstan (Suleimenov).
KASE Chairman Adil Mukhamedzhanov considered the London event as a significant step on the way to the further development of trust with global investors. He renewed the commitment of openness of Kazakhstan to cooperation and emphasized the stable market growth.
Mukhamedzhanov argues that with the help of KASE global instruments, liquidity and foreign investor participation is still growing. The exchange has 47 foreign shares and 19 ETFs.
The trading in government securities also took a boost in 2025, and the transactions amounted to $3.1 trillion tenge in the secondary market on a ten-month period. KASE Index also increased by 27.8 to 7,131.47 points, showing that investors are highly confident in the capital markets of Kazakhstan.
Kazakhstan Plans $1 Billion Cryptocurrency Reserve
During his visit to London, Suleimenov declared the establishment of a national cryptocurrency reserve valued at up to $1 billion in the state of Kazakhstan. The portfolio will encompass seized digital property, crypto ETFs, and equity in blockchain-associated businesses. He stated that the NBK would operate the fund cautiously without exposing the fund to risky assets but rather have diversified investments.
Suleimenov said the government will use confiscated assets and other investment sources to fund the reserve. He added that the project could begin as early as 2026, aligning with President Kassym-Jomart Tokayev’s order to establish a state fund for digital assets. The governments have already confiscated more than $36 million worth of cryptocurrencies in unlawful activities, some of which will go to the reserve.
Previously, Kazakhstan’s Ministry of Artificial Intelligence and Digital Development introduced the Alem Crypto Fund with support from Binance. Collectively, these combine to support the bid of Kazakhstan to incorporate digital assets in its national financial framework as well as enhance regulatory control and foreign investor interactions.
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