Kazakhstanis will have an additional way to make money on investments online
AIFC Business Connect Ltd. presents an online investment platform “DIGITAL INVEST MARKET”, which will operate on the principle of the Belarusian investment platform FinStore.
«DIGITAL INVEST MARKET» is an online investment platform on which companies issue tokens – a digital analogue of a deposit account. The difference is that the account is not opened in a bank, but on a separate site. Token is a digital security financial instrument. The company pays the investor a percentage for owning their funds, and when the circulation period ends, the company returns the money to the investor.
On August 9th, 2021, a presentation of “DIGITAL INVEST MARKET” was held at AIFC. This project will operate under the jurisdiction of the AIFC, where a regulatory framework for digital assets has been adopted, and its implementation will be accompanied by the Consult Engineering Group. The new platform will give an additional impetus to the country’s investment sphere. «DIGITAL INVEST MARKET» meets modern consumer requirements and can contribute to the development of the state digitalisation program.
The President of the Republic of Kazakhstan, Mr. Kassym-Jomart Tokayev, instructed to develop the concept of “People’s IPO” among the general public. The programme of selling small shares of large companies, the so-called “blue chips” to the population, can become one of the drivers of the stock market, and provide every citizen of Kazakhstan with another opportunity to discover a source of passive income.
AIFC Business Connect Ltd. – subsidiary of the AIFC Authority that has one of the key functions in the AIFC ecosystem, which is to identify, engage and attract international capital to the key sectors of the economy of the Republic of Kazakhstan and the countries of Central Asian region. AIFC Business Connect provides the necessary registration and post-registration support; and as its core competence, the company is engaged in sourcing and structuring deals and projects via de-risking measures through identifying real bankable projects to achieve continuous sustainable growth and creation of value.
Consult Engineering Group – international financial and consulting company created to provide services to business entities, which operates as a Participant of the Astana International Financial Center. http://ceg.kz/.
FinStore – resident of the Hi-Tech Park and operates as a crypto platform operator in the meaning of the Decret of the President of the Republic of Belarus No. 8 “On the Development of the Digital Economy” dated December 21, 2017. https://finstore.by/.