Alatau City Bank

Alatau City Bank becomes the first Kazakh commercial bank on KASE's digital financial assets platform, eyeing a tenge stablecoin and deposit tokenization

Alatau City Bank said on 30 October 2026 that it has become Kazakhstan's first second-tier (commercial) bank to join the Digital Financial Assets (DFA) platform of the Kazakhstan Stock Exchange (KASE), and that at this stage it will focus exclusively on the B2B segment and the tokenization of real assets. The areas it names include tokenized bonds, the launch of the bank's regulated stablecoin in tenge and other currencies, the tokenization of deposits, corporate financing and bank escrow services for issuances; tokenized assets can be based on stocks, bonds, currencies, commercial real estate, commodities and equipment. The bank put its assets at approximately 3.15 trillion tenge as of 1 October 2026.

Alatau City Bank