Alatau City and Solana Foundation signed a memorandum on the development of the Web3 ecosystem

Alatau City and Solana Foundation have signed a Memorandum of Understanding aimed at developing the digital assets ecosystem, tokenizing real-world assets (RWA), and attracting international Web3 projects to Kazakhstan.

The collaboration involves developing Alatau City as a regional hub for Web3 innovations, digital assets, and capital markets, as well as creating favorable conditions for launching and scaling new technological projects.

Key areas of cooperation include:

— promoting Alatau City as a platform for international Web3 companies, investors, and projects in the field of asset tokenization

— attracting participants from the global Solana ecosystem, industry experts, and investors, as well as exchanging experience on the development and regulation of digital assets

— implementing joint educational, accelerator, and residency programs aimed at developing talent, entrepreneurship, and technology teams

— launching pilot projects in the field of real-world asset (RWA) tokenization, including exploring opportunities for tokenizing Alatau City's properties and infrastructure

The signing of the memorandum reflects the parties' commitment to developing a modern digital economy and strengthening Kazakhstan's position as one of the key centers for innovations, blockchain technologies, and tokenized finance in the region.