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Solana Company has signed a memorandum of understanding with Alatau City to support blockchain and digital asset infrastructure for Kazakhstan’s planned technology hub.
The deal links Solana Company, a Nasdaq-listed Solana treasury and infrastructure firm, to a city project Kazakhstan wants to turn into a regional center for digital finance, fintech and Web3 activity.
Four Workstreams Cover Treasury and Infrastructure
Solana Company said the partnership will focus on digital asset treasury services, blockchain infrastructure, institutional blockchain adoption and platform development. The company said it may contribute treasury, validator, advisory and compliance-focused infrastructure expertise to the project.
The agreement does not make Solana Company the city’s sole technology provider or confirm direct capital investment in construction.
The memorandum was signed during the Alatau City Roadshow in China, which included events in Hong Kong and Shenzhen. Solana Company said the estimated investment needed to develop Alatau City is $6 billion.
Alatau Crypto Cluster Targets Tokenization
Alatau City Authority CEO Alisher Abdykadyrov said Solana Company’s role includes participation in the Alatau Crypto Cluster. The cluster is planned as a pilot zone for digital assets inside the future city.
Its goal is to connect the digital and real economy through tokenization, with crypto activity built into the city’s financial and commercial infrastructure. The project is part of Kazakhstan’s effort to use special legal regimes to attract technology companies, investors and financial infrastructure providers.
July 1 Starts Alatau Legal Regime
Kazakhstan’s Constitutional Law on the Special Legal Regime of Alatau City entered its first phase on July 1. The law creates a dedicated governance model for the city and gives Alatau City Authority a central role in strategy, investor coordination and regulatory development.
Further phases are scheduled for January 1, 2027, and July 1, 2027. That timeline matters for crypto companies because the legal regime still needs secondary rules and new institutions before the city can operate as a full digital finance hub.
Solana Foundation Signs Separate Agreement
The Alatau agreement adds to Kazakhstan’s growing relationship with Solana-linked infrastructure. The Solana Foundation also signed an agreement with Alatau City during the China roadshow to support startups, digital solutions and blockchain training.
For Solana Company, the agreement gives it a public role in Central Asia’s digital asset buildout. For Kazakhstan, the next test is whether Alatau can turn the agreements and legal regime into operating digital-asset infrastructure for institutions, builders and payments users.
