Bhutan City Names 3iQ to Manage Part of Its Bitcoin Treasury
(Moderate)(Very Positive)Coincheck Group (NASDAQ: CNCK)subsidiary 3iQ Digital Asset Management andGelephu Mindfulness City (GMC)in Bhutan announced a strategic partnership on July 30, 2026. 3iQ has secured a. . .
(Moderate)(Very Positive)Coincheck Group (NASDAQ: CNCK)subsidiary 3iQ Digital Asset Management andGelephu Mindfulness City (GMC)in Bhutan announced a strategic partnership on July 30, 2026. 3iQ has secured a dedicated mandate to manage a portion of GMC's bitcoin reserves, linked to Bhutan's earlier plan to allocate up to 10,000 bitcoin to support the city's development. According to 3iQ and GMC, the partnership aims to build a next-generation, institutional-grade digital asset management ecosystem in Gelephu, with 3iQ committing to a long-term presence, investment in local talent, and knowledge transfer. GMC positions this as a foundational step toward becoming a digital offshore financial hub and attracting global asset managers and investment firms. Loading. . . Loading translation. . . Positive3iQ secures GMC mandate to manage a portion of bitcoin reservesPartnership anchors 3iQ in building GMC's digital asset fund ecosystem3iQ plans long-term presence and local talent investment in GelephuAssociation with Bhutan’s up to 10,000 bitcoin allocation enhances profileNegativeNone. The prior partnership event,news_id 1055709, recorded a17. 71%24-hour move. Here, the mandate’s scope and economics were not disclosed, while low short positioning framed the event’s market context. Bitcoin allocationup to 10,000 BitcoinBhutan national holding; announced in December 20253iQ founding year20123iQ company descriptionDateEventSentiment24h MoveCatalystMay 12Digital asset partnershipPositive+17. 7%KDDI investment and alliance expanded Coincheck’s digital asset access in Japan. 24h Move is the share-price change in the day after each event; other market factors may also have contributed. Pattern DetectedThe tag-specific partnership record showed a positive 17. 71% 24-hour reaction. digital asset managementfinancial"3iQ will manage a dedicated mandate backed by a portion of GMC's bitcoin treasury"Digital asset management is the professional handling of investments that exist in electronic form, such as cryptocurrencies, tokenized securities, or other blockchain-based holdings. For investors it covers safekeeping, trading access, record-keeping and strategies to grow or protect value—think of it like a secure vault plus a portfolio manager tailored to digital items, helping reduce theft, operational mistakes and uncertainty about what the holdings are worth. stakingtechnical"integrate staking into its Ethereum and Solana ETPs boosting investor returns"Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures. View in glossaryetpfinancial"first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange"An ETP (exchange-traded product) is a financial instrument you can buy and sell on a stock exchange that gives exposure to an asset or strategy—think of it as a tradable basket or a market-priced IOU tied to stocks, bonds, commodities, or an index. It matters to investors because it packs diversified or targeted exposure into a single, stock-like share, affecting portfolio risk, costs, and liquidity in ways that can be more convenient or more risky than buying individual assets. special administrative regionregulatory"Gelephu Mindfulness City, a Special Administrative Region in southern Bhutan"A special administrative region is a territory within a sovereign country that operates under its own legal, economic, and administrative systems separate from the central government, usually by constitutional or statutory arrangement. For investors, it matters because taxes, company law, currency rules, trade policies, and courts can differ from the rest of the country—like a city running on a different rulebook—so business operations, legal risks and market access can be affected. AI-generated analysis. How Rhea-AI works. Not financial advice. 3iQ secures a dedicated mandate to manage a portion of Gelephu Mindfulness City's (GMC)Bitcoinreserves. 3iQ and GMC will collaborate closely to support the vision of building a next-generation institutional-gradedigital assetmanagement ecosystem focused on innovation and sustainability. ,/PRNewswire/ --3iQ Corp. ("3iQ"), a global pioneer indigital assetinvestment solutions, and Gelephu Mindfulness City, a Special Administrative Region in southernBhutan, today announced a strategic partnership to advance GMC's building of a leadingdigital assetfund ecosystem. As part of the partnership, 3iQ will manage a dedicated mandate backed by a portion of GMC'sbitcointreasury, while also investing in local talent and knowledge transfer, and establishing a long-term presence in the city to help build GMC intoBhutan'snew digital offshore financial hub. As GMC continues to build out itsdigital assetecosystem, its decision to work with 3iQ reflects its approach of pairing its national plan and capital with trusted, proven and institutional-grade expertise. In December 2025, it was announced that up to 10,000Bitcoinwould be allocated fromBhutan'snational holding to support the city's development. This partnership represents the next step in achieving its objective through the strategic deployment of a portion of those reserves. GMC selected 3iQ as its partner for the firm's reputation for institutional robustness and track record indigital assetmanagement. "To be entrusted by GMC in this capacity is a significant responsibility, and one we take seriously,"saidPascal St-Jean, Director & CEO of 3iQ. "GMC's ambition for Gelephu is bold and forward-thinking, and we're proud to bring our institutional discipline and global track record to help realize it, putting Bhutan's capital to work responsibly, transparently and for the long term. From the very inception we were aligned with GMC's vision to create a next-generation economic hub that attracts global talent while being committed to Bhutan's cultural values and environmental principles. ""This partnership marks an important first step in building GMC's next-generation institutionaldigital assetmanagement hub,"saidJigdrel Singay, Board Director of Gelephu Mindfulness City. "We are delighted to welcome 3iQ as one of our founding institutional partners, helping to lay the foundations for a world-class fund ecosystem in GMC. Beyond their institutional expertise and global track record indigital assetmanagement, what stood out to us was their genuine commitment to investing in people, transferring knowledge and building local capabilities. We see this as the start of a broader ecosystem that will attract leading asset managers, investment firms and talent from around the world. "Today's announcement is the first of several milestones GMC and 3iQ plan to share over the coming months, as the two organizations build toward GMC's goal of establishing Gelephu as a leading digital offshore financial center. About Gelephu Mindfulness CityThe Gelephu Mindfulness City Special Administrative Region (SAR) is a visionary initiative creating a world-class economic hub in southern Bhutan, centered on mindfulness, sustainability, and innovation. The SAR integrates traditional Bhutanese values with globally recognized legal frameworks, cutting-edge design and technology, while harnessing the Kingdom's abundant renewable energy resources to serve as a global exemplar of holistic development. For more information, visitwww. gmc. btor contactinfo@gmc. btInvestment inquiries:invest@gmc. btAbout 3iQ Digital Asset ManagementFounded in 2012, 3iQ is one of the world's leading alternativedigital assetmanagers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch aBitcoinandEthereumETP listed on a major global stock exchange, integrate staking into itsEthereumandSolanaETPs boosting investor returns, and offer other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N. V. (NASDAQ:CNCK), a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation indigital assetinvestment management. To learn more about 3iQ, visit 3iq. io. W:https://www. 3iq. io/L:https://www. linkedin. com/company/3iq-corp/X:https://x. com/3iq_corpContact InformationPascal St-Jean — Director & CEOE:info@3iQ. caP: +1 (416) 639-2130Media ContactsGelephu Mindfulness City:comms@gmc. btNorth AmericaRyan GrahamJConnelly+1 862-777-4274rgraham@jconnelly. comJulie MercuroJConnelly+1 973-349-6471jmercuro@jconnelly. comEuropeAngus CampbellNominis Advisoryangus@nominis. coView original content to download multimedia:https://www. prnewswire. com/news-releases/3iq-and-bhutans-gelephu-mindfulness-city-announce-strategic-partnership-to-advance-gmcs-digital-asset-ambitions-302838444. htmlSOURCE 3iQFAQWhat did 3iQ announce with Gelephu Mindfulness City on July 30, 2026 (NASDAQ: CNCK)?3iQ announced a strategic partnership with Gelephu Mindfulness City to help build a digital asset fund ecosystem. According to 3iQ, it will manage a dedicated mandate backed by a portion of GMC’s bitcoin treasury and establish a long-term presence in the city. How much bitcoin is linked to the Gelephu Mindfulness City and 3iQ partnership (CNCK)?Bhutan previously announced that up to 10,000 bitcoin would support Gelephu Mindfulness City’s development. According to GMC, the new partnership with 3iQ covers the strategic deployment of a portion of those national reserves, backing a dedicated mandate managed by 3iQ. What is 3iQ’s role in Gelephu Mindfulness City’s digital asset strategy for CNCK investors?3iQ will manage a mandate backed by part of GMC’s bitcoin treasury and support ecosystem development. According to 3iQ, it will invest in local talent, transfer digital asset management knowledge, and maintain a long-term presence in Gelephu. Why did Gelephu Mindfulness City choose 3iQ as a founding institutional partner?GMC selected 3iQ for its institutional robustness and digital asset management track record. According to Gelephu Mindfulness City, 3iQ’s commitment to investing in people, transferring knowledge, and building local capabilities was a key factor, alongside its global institutional expertise. How could the 3iQ and Gelephu Mindfulness City partnership impact Coincheck Group (NASDAQ: CNCK)?The partnership expands 3iQ’s role in managing institutional bitcoin reserves and developing a new digital asset hub. According to 3iQ, it will help build a world-class fund ecosystem in Gelephu, potentially enhancing the strategic profile of parent company Coincheck Group. What is Gelephu Mindfulness City’s goal as a digital offshore financial center with 3iQ’s help?GMC aims to become a leading digital offshore financial center integrating mindfulness, sustainability, and innovation. According to Gelephu Mindfulness City, the 3iQ partnership is an initial milestone toward attracting global asset managers, investment firms, and talent to its emerging fund ecosystem.