In Q1 2027, Kazakhstan plans to issue tokenized government bonds

Odaily — Kazakhstan central bank governor Timur Suleimenov stated that the country plans to issue tokenized government bonds in the first quarter of 2027, with the central bank working alongside the Ministry of Finance to advance the issuance. The plan builds on Kazakhstan's first sale of tokenized central bank notes earlier this month, when the country sold 10 billion tenge of tokenized notes through the Kazakhstan Stock Exchange. The Kazakhstan Stock Exchange said its digital asset platform uses the Solana blockchain, with custody infrastructure provided by BitGo; neither has confirmed involvement in the planned bond issuance. The bonds to be issued will represent Ministry of Finance debt rather than central bank debt.