News with the tag "crypto reserve"

Shares of DeFi Development Corp. surged 17% on Thursday after the company revealed it had acquired $2.7 million worth of Solana as part of its aggressive crypto treasury strategy. Key Takeaways: DeFi Development Corp. shares surged 17% after announcing a $2.7 million Solana purchase. The company’s S...

Kazakhstan’s National Bank (NBK) has begun designing what could become the country’s first sovereign crypto-asset reserve, signalling a shift from piecemeal digital-asset oversight toward full-fledged strategic portfolio management. In a written response to a parliamentary inquiry, NBK Chairman Timu...

Kazakhstan has officially announced plans to establish a state crypto reserve, with National Bank Chairman Timur Suleimenov revealing that confiscated criminal assets and state-backed mining operations will serve as primary funding sources. Suleimenov outlined that the reserve will follow internatio...