BlockBeats news, November 14: Kazakhstan plans to issue tokenized government bonds in the first quarter of 2027, further expanding its digital asset infrastructure in the sovereign debt sector. The country's central bank governor, Timur Suleimenov, announced the plan at the 14th Congress of Financiers in Almaty. He said the central bank plans to work with the Ministry of Finance to move forward with the issuance, which is “highly likely” to take place in the first quarter. The move builds on Kazakhstan's first-ever sale of tokenized central bank notes earlier this month, a transaction worth approximately $22.3 million.

Previously, the National Bank of Kazakhstan issued 91-day notes totaling 50 billion tenge (approximately $112 million) through the Kazakhstan Stock Exchange (KASE), including 10 billion tenge in tokenized form. The notes had a weighted average yield of 15.72%, with total demand reaching 1.4 times the amount offered. KASE’s digital asset platform uses the Solana blockchain, with custody infrastructure provided by BitGo.