PANews reported on September 29th that, according to GOV.KZ, Kazakhstan has launched the "Alem Crypto Fund," established by the Ministry of Artificial Intelligence and Digital Development, managed by Qazaqstan Venture Group, and registered with the AIFC. The fund aims to allocate digital assets and strategic reserves over the long term, potentially contributing to national savings in the future . Its strategic partner is Binance Kazakhstan, with its initial investment in BNB to be used for transaction processing, fee payments, and governance. Officials claim BNB has a market capitalization of over $138 billion. The fund aims to serve large investors and become the foundation of the digital national reserve.