Bhutan and Cumberland DRW Advance Digital Asset Infrastructure in Gelephu Mindfulness City

Bhutan has entered a multi-year strategic partnership with Cumberland DRW to develop nationwide digital asset infrastructure in Gelephu Mindfulness Metropolis. The settlement displays a long-term push to construct a digital financial system rooted in sustainability, governance, and real-world use.

Key Takeaways

• Bhutan signed a multi-year MoU with Cumberland DRW to assist digital asset infrastructure

• The partnership facilities on Gelephu Mindfulness Metropolis as a brand new financial hub

• Focus areas embrace stablecoins, sustainable mining, and institutional market entry

• Bhutan already runs sovereign Bitcoin mining powered by renewable power

• The initiative prioritizes long-term resilience, expertise, and accountable innovation

A Strategic Transfer to Help Bhutan’s Digital Financial system

The Memorandum of Understanding brings collectively Gelephu Mindfulness City and Cumberland DRW to assist Bhutan’s digital asset technique. Guided by the imaginative and prescient of His Majesty King Jigme Khesar Namgyel Wangchuck, the partnership positions GMC as a future-ready financial zone constructed on sustainable progress.

The collaboration will concentrate on digital asset frameworks and monetary infrastructure, together with sustainable mining, AI compute, yield-generation from nationwide digital belongings, and scalable stablecoin methods. It additionally helps Bhutan’s blockchain-based public providers, together with a national digital ID serving practically 800,000 residents.

This strategic transfer aligns with Bhutan’s broader efforts to combine blockchain and digital asset innovation inside Gelephu Mindfulness Metropolis’s financial framework.

Supply: GMC

Gelephu Mindfulness Metropolis’s Infrastructure-First Method

Gelephu Mindfulness Metropolis, a particular administrative area (SAR), blends mindfulness, sustainability, and innovation. It additionally integrates Bhutanese values with international authorized frameworks and attracts on the Kingdom’s plentiful renewable power.

As an alternative of chasing fast enlargement, GMC treats digital belongings as foundational infrastructure. The main target is long-term governance, institutional readiness, and alignment with nationwide priorities.

Institutional and Native Implementation Companions

Cumberland DRW, the digital asset arm of buying and selling agency DRW, has operated in crypto markets since 2014. It provides institutional-grade liquidity and execution throughout international markets.

“Bhutan’s readability of imaginative and prescient and emphasis on sustainable improvement make it a pure companion for accountable and forward-looking innovation,” stated Donald R. Wilson, Founding father of DRW.

Inexperienced Digital Ltd, a GMC entity, will lead on-the-ground efforts. It’s constructing renewable-energy-powered computing amenities to assist safe blockchain networks and AI workloads.

“From Gelephu Mindfulness Metropolis, we’re dedicated to constructing a accountable, well-governed digital asset hub that helps Bhutan’s broader sustainable improvement and diversification agenda,” stated Gelay Jamtsho, Chairman of Inexperienced Digital Ltd.

Bhutan’s Digital Basis

Bhutan is likely one of the world’s earliest sovereign Bitcoin miners, utilizing surplus hydropower to build up a major nationwide Bitcoin reserve. It has enabled crypto funds throughout tourism and retail, built-in digital belongings into GMC’s strategic reserves.

Bhutan has additionally launched TER, a sovereign-backed digital token linked to bodily gold — a uncommon instance of a real-world-asset-backed sovereign token. These efforts spotlight Bhutan’s deliberate, infrastructure-first strategy to digital innovation.