3iQ to Manage Part of Bhutan’s Gelephu Bitcoin Treasury
3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury and establish a long-term presence in the region.
YayaNews contributes financial news and market context through the YayaNews editorial workflow.
3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury and establish a long-term presence in the region.
3iQ to Manage Part of Bhutan’s Gelephu Bitcoin Treasury
DOGE
$0.07040
0.56%
TRX
$0.3285
0.89%
LINK
$8.43
1.59%
ZEC
$471.44
1.39%
ADA
$0.1696
4.74%
XRP
$1.08
1.14%
ETH
$1,917.09
1.01%
BTC
$64,765.24
1.66%
XMR
$360.38
2.37%
BNB
$591.40
3.43%
XLM
$0.1716
0.23%
SOL
$74.49
1.62%
HYPE
$55.76
3.34%
Written by
Ezra Reguerra
staff writer
Reviewed by
Yohan Yun
staff editor
Written by
Ezra Reguerra
staff writer
Reviewed by
Yohan Yun
staff editor
Bhutan’s Gelephu taps 3iQ to manage part of Bitcoin treasury
Latest News
Published
Jul 31, 2026
3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury as Bhutan develops a digital-asset investment hub.
Bhutan’s Gelephu Mindfulness City (GMC) has appointed Canadian digital-asset manager 3iQ to manage a mandate backed by part of its Bitcoin treasury as the special administrative region develops a digital-asset investment hub.
Under the partnership, 3iQ will
manage
an undisclosed portion of the Bitcoin allocated to support Gelephu’s development. The company will also establish a long-term presence in the city, invest in local talent and provide training and knowledge transfer.
In December 2025, Bhutan
announced that up to 10,000 Bitcoin
from the country’s national holdings would be allocated to support the GMC.
The latest agreement represents the next phase of the plan. However, neither party disclosed the actual amount placed under management, the custody arrangements, or whether the mandate permits lending, derivatives and other yield-generation strategies.
3iQ CEO Pascal St-Jean said the firm would bring institutional discipline to the mandate and help put Bhutan’s capital to work “responsibly, transparently and for the long term.”
Gelephu board director Jigdrel Singay described 3iQ as one of the city’s founding institutional partners. The two organizations said further milestones would be announced as Gelephu works to establish itself as a digital offshore financial center focused on innovation, sustainability and institutional asset management.
Related:
Bhutan’s GMC offers quick licenses, bank accounts to lure crypto firms
Subscribe to daily byte-sized crypto news from Cointelegraph
Subscribe
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s
Editorial Policy
and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Bhutan
Asia
Bitcoin Reserve
Bitcoin
More on the subject
Chinese newspaper warns of Bitcoin extortion scam using its name
17 hours ago
Yohan Yun
News Brief
Bitcoin ETF inflows return as Ether funds slip into outflows
17 hours ago
Helen Partz
Markets Brief
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
19 hours ago
Ezra Reguerra
Chinese newspaper warns of Bitcoin extortion scam using its name
17 hours ago
Yohan Yun
News Brief
Bitcoin ETF inflows return as Ether funds slip into outflows
17 hours ago
Helen Partz
Markets Brief
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
19 hours ago
Ezra Reguerra
Original YayaNews editorial coverage, published for informational purposes.
This article is sourced from CoinTelegraph. It is for informational purposes only and does not constitute investment advice.
Topics & Symbols
Continue Reading
Related Reading
Upbit Lists PROM with KRW and USDT Trading Pairs, Opening New Opportunities for Mid-Cap Tokens
Upbit announced the addition of PROM KRW and USDT trading pairs, with a market cap of approximately $43.5 million. This article analyzes the significance, project background, and market impact for investors.
SEC Prepares Major Crypto Plan as Clarity Act Stalls: What It Means for Markets
As the Clarity Act remains gridlocked, the SEC is reportedly preparing a significant crypto regulatory plan. This article analyzes potential new rules covering DeFi, stablecoins, and exchanges, market reactions, and the global competitive pressures shaping U.S. oversight.
Binance Launches DOSUSDT Perpetual Contract: Market Impact and Investment Strategy Analysis
Binance announced the listing of the USDⓈ-M DOSUSDT perpetual contract on August 11, 2026. This article analyzes the announcement background, market reactions, and investment risks to help investors seize opportunities.
Ireland Plans Industry Standards for Illicit Crypto Use
The strategy prepared by the Irish government’s finance department included industry standards on crypto used for gambling and strengthening AML/CFT measures in certain cases.
