Kazakhstan's central bank governor Timur Suleimenov announced plans to issue tokenized government bonds in the first quarter of 2027, with the central bank working alongside the Ministry of Finance on the rollout. The planned bonds will represent Ministry of Finance debt rather than central bank obligations.
The initiative follows Kazakhstan's debut sale of tokenized central bank notes earlier this month, when the country issued 10 billion tenge worth of tokenized notes through the Kazakhstan Stock Exchange (KASE). KASE confirmed its digital asset platform operates on the Solana blockchain, with BitGo providing custody infrastructure, though neither entity has verified involvement in the upcoming bond issuance.
Kazakhstan Plans Tokenized Government Bond Issuance for Q1 2027
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