Key facts
- Bhutan's Gelephu Mindfulness City appointed 3iQ to manage its Bitcoin treasury.
- 3iQ is a Canadian digital-asset manager.
- The appointment is part of a plan to establish a digital-asset investment hub in Gelephu.
- Gelephu aims to integrate blockchain technology and digital assets into its economic development.
- The initiative seeks to attract investment and innovation in cryptocurrency.
- The partnership involves managing a portion of Gelephu's Bitcoin treasury.
Bhutan's Gelephu Mindfulness City has selected 3iQ, a Canadian digital-asset manager, to manage a segment of its Bitcoin treasury. This strategic appointment is a foundational element of Gelephu's broader initiative to cultivate a significant digital-asset investment hub within the region. The plan involves integrating blockchain technology and digital assets into the economic development framework of Gelephu, a city designed with mindfulness and sustainability at its core. This move signals a forward-thinking approach by Bhutan to embrace emerging financial technologies and position itself as a potential leader in the digital asset landscape. The collaboration with 3iQ, a firm with established expertise in digital asset management, is expected to lend credibility and operational efficiency to Gelephu's treasury operations. This development is part of a larger vision for Gelephu to foster innovation and attract global investment in the rapidly evolving world of digital finance.