Key Takeaways
- • 3iQ Corp. has secured a dedicated mandate to manage a portion of Gelephu Mindfulness City's Bitcoin treasury as part of a strategic partnership announced July 30, 2026.
- • GMC will deploy a portion of up to 10,000 Bitcoin allocated from Bhutan's national holding in December 2025 through this partnership, with 3iQ providing institutional-grade digital asset management.
- • 3iQ will establish a long-term operational presence in Gelephu Mindfulness City and invest in local talent development and knowledge transfer to support GMC's vision of becoming Bhutan's digital offshore financial hub.
- • The partnership reflects GMC's strategy of pairing national capital and development plans with proven, institutional-grade digital asset expertise to build a next-generation fund ecosystem focused on innovation and sustainability.
Summary
The partnership builds on Bhutan's December 2025 announcement allocating up to 10,000 Bitcoin from the nation's treasury to support GMC's development. This latest agreement represents the operational execution of that strategic allocation, with 3iQ deploying capital from GMC's holdings while providing institutional-grade digital asset management services. According to Pascal St-Jean, Director and CEO of 3iQ, the firm views the mandate as "a significant responsibility, and one we take seriously," underscoring the institutional weight of the engagement.
Beyond capital management, 3iQ will establish a sustained physical and operational presence in Gelephu Mindfulness City, committing to local talent development and knowledge transfer initiatives. This multi-layered approach signals GMC's intent to build domestic digital asset expertise while leveraging external institutional capability. GMC's selection of 3iQ reflects the city's approach of pairing its national development plan and capital resources with trusted, proven partners capable of delivering institutional-grade execution in the digital asset space. The partnership emphasizes innovation and sustainability as core pillars of the collaboration, positioning Gelephu as a next-generation institutional digital asset management destination.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.