Solana Company has entered into a memorandum of understanding with Alatau City, a planned digital city in Kazakhstan, to support its development in several key areas. The Nasdaq-listed crypto vault firm will assist in digital asset vault management, blockchain infrastructure, institutional-grade blockchain adoption, and platform development. Additionally, Solana will participate in constructing the Alatau Crypto Cluster pilot zone, which aims to facilitate everyday crypto payments.
This initiative follows Kazakhstan's recent launch of Central Asia's first Solana Economic Zone in Astana, in collaboration with the Solana Foundation. The local stock exchange, KASE, has also listed the first Solana ETF. Alatau City is currently in the early planning stages, with its infrastructure and regulatory framework yet to be finalized.
Solana Company to Aid in Building Kazakhstan's Alatau Crypto City
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