Solana Foundation continues its global expansion, announcing a major partnership with Kazakhstan to develop blockchain startups, educate developers, and bring tokenized capital markets to the region.
Solana has officially signed a Memorandum of Understanding (MoU) with Kazakhstan’s Ministry of Digital Development, Innovations, and Aerospace Industry. The agreement marks a key step in advancing blockchain adoption in Central Asia, with a strong focus on startup support, developer education, and capital market tokenization.
Solana Eyes Central Asia for Web3 Growth
The partnership was confirmed by Solana Foundation President Lily Liu, who visited Kazakhstan to finalize the MoU. Liu explained that Solana is actively seeking forward-thinking governments and organizations to help bring Web3 infrastructure and opportunity to new regions.
“We look for people, companies, and countries that share our vision of building the next generation of financial infrastructure,” Liu said, adding that Kazakhstan stood out as a country ready to embrace innovation and digital transformation.
Unlocking Kazakhstan’s Investment Potential Through Blockchain
The MoU also supports a broader strategy to integrate blockchain into Kazakhstan’s capital markets. Akshay BD, Chief Marketing Officer at Solana Foundation, explained that by tokenizing assets and market transactions on the Solana blockchain, the Astana International Exchange (AIX) could become a globally competitive platform—comparable to the NYSE or Nasdaq.
According to Akshay, this move could bring 90% of trading volume on-chain, dramatically increasing transparency, speed, and investor confidence.
Solana Economic Zone Launched in Kazakhstan
This announcement comes just weeks after Kazakhstan launched the first Solana Economic Zone (SEZ KZ) on May 30, making it the first Solana-backed economic zone in Central Asia.
Kazakhstan’s Minister of Digital Development, Zhaslan Madiyev, said the initiative shows the country’s commitment to integrating cutting-edge technologies into its economy.
“We’re focused on creating a resilient, competitive digital environment. Projects like SEZ KZ allow us to test and implement next-gen solutions—from asset tokenization to developing local Web3 talent,” Madiyev stated.
What This Means for Solana and the Region
This partnership could help Solana expand its global footprint while helping Kazakhstan transform into a hub for Web3 innovation, blockchain education, and digitized capital markets. For Solana users and investors, it could signal growing institutional adoption and real-world use cases beyond DeFi and NFTs.
As more governments warm up to blockchain partnerships, Solana’s momentum may translate into greater ecosystem value, deeper developer engagement, and long-term price strength.
