Kazakhstan’s central bank has invested approximately $190 million from the country’s $700 million National Strategic Crypto Reserve, including about $100 million in cryptocurrency-focused funds and another $90 million in digital assets and Bitcoin-linked exchange-traded funds. Bloomberg identified Ege DeFi, Brevan Howard Digital and PDO among the fund investments, while the cryptocurrency and ETF allocation was not broken down further. The National Investment Corporation, a central bank subsidiary, manages the reserve, with the Central Securities Depository responsible for digital-asset custody and accounting. Established in December 2025, the reserve received equal $350 million contributions from the central bank’s gold and foreign-exchange assets and Kazakhstan’s National Fund.