3iQ Teams Up with GMC to Manage BTC Holdings
Crypto asset manager 3iQ has announced a strategic partnership with Gelephu Mindfulness City (GMC), a special administrative region in Bhutan.
The partnership, which was disclosed on July 30, will see 3iQ manage a portion of GMC's Bitcoin holdings. The two entities aim to build an innovative and sustainable digital asset ecosystem for institutional investors.
GMC views this partnership as the first step towards building a world-class fund ecosystem, with plans to attract investment companies, experts, and professionals from around the globe.
3iQ will not only manage GMC's Bitcoin assets but also invest in local talent development, digital asset education, and regional capacity-building initiatives. The company is planning to establish a long-term presence in GMC and support its vision of becoming one of the world's leading digital offshore financial centers.