Kyrgyzstan’s National Council for the Development of Virtual Assets and Blockchain Technologies held a video conference with Justin Sun, founder of the global blockchain platform TRON, to discuss strategic collaboration in the virtual asset sector.
Farkhat Iminov, Head of the Secretariat, provided an overview of Kyrgyzstan’s virtual asset market, regulatory developments, and institutional initiatives aimed at supporting digital finance. Justin Sun highlighted the country’s rapid adoption of blockchain technology and emphasized the potential for joint projects to enhance Kyrgyzstan’s presence in the international crypto ecosystem.
Kyrgyzstan and TRON Discusses Strategic Cooperation in Virtual Asset Development
On February 21, 2026, Farkhat Iminov, Head of the Secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies under the President of the Kyrgyz Republic,… https://t.co/fh39UfSB5A
— Tron Inc. (@TRON_INC) February 23, 2026
Focus on national stablecoin, TRON infrastructure, and treasury expansion
The discussion centred on Kyrgyzstan’s national stablecoin, KGST, already listed on major exchanges, including HTX, which maintains close ties with TRON. Both parties explored leveraging TRON’s high-throughput infrastructure to scale KGST, expand its transaction ecosystem, and improve its usability for online and cross-border payments.
In further developments, TRON Inc. (NASDAQ: TRON) acquired 172,701 TRX tokens at an average price of $0.29, raising its TRX treasury holdings to more than 683.1 million TRX. The company aims to grow its TRON Digital Asset Treasury (DAT) holdings to strengthen long-term shareholder value. Real-time updates on the designated on-chain TRX treasury wallet are available at tronscan.org.
TRON, already supporting stablecoin transactions like USDT and with over 360 million users worldwide, offers the scalability and global reach necessary for KGST’s adoption. The partnership reflects Kyrgyzstan’s ambition to build a regulated, secure, and scalable virtual asset framework while tapping into established blockchain infrastructure, even as TRON continues to consolidate its treasury for strategic growth.
Meanwhile, Kyrgyzstan’s President Sadyr Japarov formally appealed to the leaders of the United States and the United Kingdom following recent sanctions targeting the country’s cryptocurrency networks and financial institutions, which are alleged to have facilitated Russian efforts to evade international sanctions.
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