KASE and the Solana Foundation have signed a memorandum of collaboration

KASE delegation participated in the international conference Solana Breakpoint 2025 that is held from December 11 to 13 in Abu Dhabi. As part of the event, on December 12, KASE and Solana Foundation signed a Memorandum of Understanding on blockchain and digital finance.

The Memorandum paves the way for collaboration and joint initiatives in blockchain and digital finance. The parties plan to collaborate on integration of blockchain solutions, tokenization of real assets, issue of stablecoins and other Solana-based products, and on support of digital transformation projects.

"The collaboration with Solana Foundation opens new opportunities for KASE to implement advanced technological and business solutions and expand services for investors in Kazakhstan and beyond", noted Adil Mukhamejanov, Chairman of KASE’s Management Board.

"Signing of the Memorandum with KASE is an important step in developing our initiatives in Kazakhstan, including issue of a KZT-denominated stablecoin and projects to tokenize real assets and other digital financial instruments", said Lily Liu, President of Solana Foundation.