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Solana Company (NASDAQ: $HSDT) is taking its public-market Solana strategy into Central Asia through a new partnership with Alatau City, Kazakhstan's planned technology and digital finance hub.
The company signed a memorandum of understanding with the Administration of Alatau City to support blockchain infrastructure, digital ****** et education, stablecoin payments and real-world ****** et tokenization across the city's emerging fintech ecosystem. The agreement gives Solana Company a role in a project Kazakhstan officials are positioning as a regional hub for digital ****** ets, fintech and Web3-native commerce.
Alatau City is being built as a future-oriented urban center focused on sustainability, technology and green growth. The memorandum was signed during the Alatau City Roadshow in China, which included Hong Kong and Shenzhen and brought together government agencies, investment funds, financial institutions and technology companies. The estimated investment to develop the city is $6 billion.
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