Woofun AI reports that Solana Company signed a Memorandum of Understanding with Alatau City in Kazakhstan to assist in constructing the city's blockchain and crypto infrastructure. This collaboration follows a June roadshow in Shenzhen and Hong Kong, which yielded 30 partnership agreements with potential investments exceeding $6 billion. The cooperation focuses on digital asset custody, blockchain infrastructure, institutional adoption acceleration, and platform development. Solana Company will also participate in building the Alatau Crypto Industry Cluster, an experimental zone enabling daily crypto transactions. Previously, Kazakhstan partnered with the Solana Foundation to establish the first Solana Economic Zone in Astana, and the Kazakhstan Stock Exchange launched the first Solana ETF last week. Alatau City, proposed by President Tokayev in May 2024, envisions drones, robotaxis, and a hydrogen economy.

However, regulatory concerns regarding constitutional amendments and infrastructure deficits persist.