Bhutan's planned financial hub, Gelephu Mindfulness City (GMC), has partnered with Canadian asset manager 3iQ to manage part of its Bitcoin treasury using low-risk, market-neutral strategies. This marks the first known instance of a sovereign Bitcoin treasury being managed externally. 3iQ will also establish a local presence and invest in Bhutanese talent. The move aims to generate returns on the Bitcoin holdings allocated by Bhutan's king, supporting GMC's development as a digital offshore financial center. Observers will watch how 3iQ builds its presence and whether GMC shares performance details.
Bhutan's partnership with 3iQ to manage sovereign Bitcoin holdings provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 02, 2026 08:11 WIB: out of 50 priced major cryptocurrencies, 20 rose and 28 fell. Notable movers include THETA at Rp2.839 with a -2.34% change and a typical hold time of 78 days, FTM at Rp11.382 down 2.05%, and CRV at Rp5.089 down 1.91% with a typical hold time of 62 days.
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MicroVision has broadened its collaboration with FieldAI to support autonomous robotic systems in government and industrial sectors. This expansion follows successful tests of MicroVision's lidar sensors on autonomous ground vehicles and drones, inte...
