Bhutan’s Gelephu Mindfulness City Partners With Cumberland DRW to Build Sustainable Digital Asset Ecosystem

• The announcement strengthens Bhutan’s reputation as a responsible and competent user of digital financial infrastructure.
• Nearly 800,000 people can now safely verify their identities and access public services thanks to Bhutan’s national digital identity system, which is based on public blockchain infrastructure.

In order to promote Bhutan’s long-term ambition for a sustainable, innovation-driven digital economy, Gelephu Mindfulness City (GMC) and Cumberland DRW today announced the signing of a Memorandum of Understanding (MoU) creating a multi-year strategic partnership.

Under the direction of His Majesty King Jigme Khesar Namgyel Wangchuck, the collaboration aids in the creation of Gelephu Mindfulness City, a new economic center intended to draw in international talent, sustainably develop technology, and spur equitable economic growth consistent with Bhutan’s ideals.

In accordance with the Memorandum of Understanding, Bhutan and Cumberland DRW, a world leader in digital asset trading, want to work together to create a contemporary digital asset ecosystem and the financial framework needed to support it. The creation of scalable national stablecoin infrastructure, yield-generation prospects pertaining to Bhutan’s digital assets, sustainable digital asset mining and AI computation, and next-generation digital asset frameworks are among the areas of cooperation. In order to foster long-term resilience and economic diversification, the collaboration will also concentrate on developing talent and bolstering institutional skills.

Green Digital Ltd., a Gelephu Mindfulness City entity, is spearheading the endeavor in Bhutan. It is a digital asset infrastructure company building computing facilities powered by renewable energy to enable secure blockchain networks and further Bhutan’s long-term sustainability and diversification objectives.

The announcement strengthens Bhutan’s reputation as a responsible and competent user of digital financial infrastructure. Bhutan has a sizable national Bitcoin reserve that was amassed via clean energy, and it was among the first sovereign miners of Bitcoin in the world to use renewable hydropower.

Nearly 800,000 people can now safely verify their identities and access public services thanks to Bhutan’s national digital identity system, which is based on public blockchain infrastructure. Building on this platform, Bhutan has introduced TER, a sovereign-backed digital token linked to real gold, facilitated cryptocurrency-based payments across retailers and travel services, and included digital assets into GMC’s strategic reserves. When taken as a whole, these initiatives demonstrate a thoughtful, long-term approach to innovation based on sustainability, governance, and practical application.

Since 2014, Cumberland, DRW’s digital asset division, has led the cryptoasset markets. Cumberland offers deep, dependable liquidity and advanced execution solutions across international spot and derivatives markets by fusing DRW’s decades of trading and technological prowess with specially designed digital asset infrastructure. As the digital asset ecosystem develops further, Cumberland is relied upon by institutions worldwide for open market access, knowledge, and collaboration. Visit cumberland.io to find out more.

An innovative project, Gelephu Mindfulness City Special Administrative Region is transforming southern Bhutan into a world-class economic powerhouse focused on innovation, sustainability, and mindfulness. As a worldwide model of holistic development, the SAR combines traditional Bhutanese values with internationally recognized legal frameworks, state-of-the-art design and technology, and the Kingdom’s enormous renewable energy resources.

Visit www.gmc.bt or send an email to [email protected] for further information. For investment questions, contact [email protected].