Bhutan Partners with 3iQ to Manage Bitcoin Treasury and Establish International Financial Hub
Canadian digital asset manager 3iQ has partnered with Bhutan's Gelephu Mindfulness City (GMC) to oversee a portion of its Bitcoin funds, valued at around $381 million. The assets under management originate from the fund set aside by King Jigme Khesar Namgyel Wangchuck in December 2025.
The goal is to establish an international financial hub backed by crypto assets in the Asian nation. Market reports indicate that the entity will establish an office in Gelephu to transfer technical expertise to local talent.
3iQ Chief Executive Officer Pascal St-Jean stated that the capital management will be executed under criteria of transparency and long-term sustainability.