The Kazakhstan Stock Exchange AIX has signed a memorandum of cooperation with the blockchain project Solana, the aggregator Jupiter, and the platform Interbix. The new partnership aims to implement a hybrid listing model that combines traditional stock market instruments with tokenized assets based on blockchain technology.
This is reported by Finway
Joint Listing and Support for the Astana Financial Center
The signing of the memorandum took place at the Solana Economic Zone conference. According to the agreement, the parties plan to explore the possibility of dual listing: companies will be able to conduct IPOs on the AIX exchange while simultaneously issuing tokenized assets through the Interbix platform on the Solana blockchain. This will effectively combine access to the regulated financial market with the technological advantages of a decentralized ecosystem.
The initiative is supported by the Astana International Financial Center, emphasizing Kazakhstan’s commitment to implementing innovative financial solutions and digitizing the capital market.
“This agreement marks a significant step towards bridging traditional capital markets and next-generation blockchain-based platforms. By joining forces, we are creating an environment where innovation and trust go hand in hand,” said Mukazhanova.
New Opportunities for Companies and Investors
Jupiter and Interbix view the signed memorandum as an important step towards developing a digital infrastructure that will allow companies to bring their assets to market in the form of tokens alongside traditional securities. This model will enhance the liquidity of financial instruments and make investments more accessible to a larger number of participants.
The partnership also involves the development of modern legal and technological standards to synchronize processes between platforms and ensure compliance with regulatory requirements. Representatives of the Solana Foundation note that the hybrid model will effectively integrate traditional and blockchain tools within a single market.
The signing of the memorandum is part of a broader strategy by Kazakhstan to develop financial technologies. The Astana International Financial Center has confirmed its readiness to continue creating the necessary digital infrastructure for the capital markets of the future.
It was previously announced that an experimental zone called CryptoCity will be established in Kazakhstan, where transactions using digital assets, including cryptocurrencies, will be allowed for purchases and payment for services. A national operator for the exchange of crypto assets will also be established in the country.