Bhutan partners with renowned market makers to build a digital asset ecosystem, ushering in a new chapter in Bitcoin reserve management

【Chain Wen】Bhutan is accelerating its deployment of cryptocurrency strategies. Recently, this Himalayan mountain country signed a multi-year cooperation agreement with well-known crypto market maker Cumberland DRW, and the two parties will jointly build digital asset infrastructure in Gaelep Zen Mind City (GMC).

There are many highlights in this cooperation. Cumberland will directly participate in managing Bhutan’s Bitcoin reserves, establish a business presence in GMC, hire local talent, and send professionals to cultivate the local technical team — in short, to localize the professional capabilities of the crypto industry.

What’s more interesting is the scope of the collaboration. According to the agreement, Cumberland and Bhutan plan to jointly develop a national-level crypto ecosystem. This system covers modern financial frameworks, sustainable mining and AI computing, revenue generation mechanisms, and stablecoin infrastructure. The entire project is led and coordinated by digital infrastructure company Green Digital to ensure that the development of digital assets aligns with Bhutan’s sustainable development goals and economic diversification strategies.

From Bitcoin reserve management to ecosystem construction, from sustainable mining to stablecoin systems, Bhutan is taking steady steps. This is not only a move for the country to seize the high ground in the crypto industry but also reflects the growing global emphasis on Web3 infrastructure.