Kazakhstan's National Bank Successfully Sells First Tokenized Notes

The National Bank of Kazakhstan has sold its first short-term notes in digital token form at an auction. The tokenized notes amounted to 10 billion tenge, or one-fifth of the total issue. This trial is seen as a step towards tokenizing other government securities, with demand exceeding the offer by 40%.

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Headline and summary written by daryo. The full report belongs to Times of Central Asia.