Morning Edition · Wednesday, August 5, 2026Published at 1:44 AM EDT · New York
Bhutan Hires an Outside Manager for Part of Its Bitcoin Reserves
The Canadian firm 3iQ will manage some of the holdings tied to the Gelephu Mindfulness City project, as Kenya prepares to record more than 30 million academic credentials on Avalanche.
3iQ Corp., a Canadian digital-asset fund manager, will manage part of the Bitcoin reserves held in connection with Bhutan's Gelephu Mindfulness City, the special administrative region the country is developing on its southern border. Bhutan…
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Part of a tracked trend
Small States Build on Public Chains
Small and middle-income states keep adopting public blockchain infrastructure for reserves and official records, and increasingly hire regulated outside managers to operate it, normalizing sovereign exposure to digital assets outside the major economies.
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