Cryptocurrency February 27, 2026

Bybit Kazakhstan Introduces Discretionary Private Wealth Management for Large Crypto Holders

New PWM offering targets high-net-worth individuals, corporate treasuries and family investment structures within the AIFC regulatory framework

By Priya Menon
Bybit Kazakhstan Introduces Discretionary Private Wealth Management for Large Crypto Holders

Bybit Kazakhstan has launched a discretionary Private Wealth Management (PWM) service aimed at high-net-worth individuals, corporate clients and family investment structures. The service, operating within the Astana International Financial Centre (AIFC) framework and licensed by the Astana Financial Services Authority (AFSA), provides tailored crypto allocation strategies, institutional risk controls, regular reporting and defined liquidity terms. Bybit points to sustained performance in its PWM flagship strategy and recent wealth products such as Mantle Vault, which reached USD 150 million in assets under management within two months of launch.

Key Points

  • Bybit Kazakhstan has launched a discretionary Private Wealth Management service aimed at high-net-worth individuals, corporate clients and family investment structures within the AIFC.
  • The PWM offering provides structured asset allocation, institutional risk management, regular performance reporting and defined liquidity terms to manage concentrated crypto holdings.
  • Bybit cites a strong track record for its PWM division, including a flagship USDT-based strategy with 49 consecutive months of positive returns and a top PWM fund that delivered 9.97% APR in January 2026; Mantle Vault reached USD 150 million AUM within two months.

Astana, Kazakhstan - February 27, 2026. Bybit Kazakhstan has rolled out a discretionary Private Wealth Management (PWM) service intended for high-net-worth individuals, corporate clients and family investment arrangements. The launch positions PWM as a managed route for large-scale crypto holdings to be run according to client objectives and documented mandates inside the Astana International Financial Centre regulatory perimeter.

The firm frames the new service as responsive to an evolving local market where digital assets are moving beyond infrastructure and trading toward inclusion in longer-term capital allocation. Ablaikhan Aubakir, Country Manager at Bybit Kazakhstan, said:

"Kazakhstan is no longer just a crypto infrastructure hub - it is rapidly becoming a sophisticated investment market where capital is seeking professional management and long-term strategies."
Bybit highlights that as the market matures, investors are increasingly looking for professional management, explicit risk controls and transparent reporting.


Service model and client proposition

Bybit Private Wealth Management is offered as a discretionary investment solution. Under the arrangement, clients specify their investment objectives, time horizons and risk tolerances. A dedicated investment team then manages a bespoke strategy within a written mandate, allowing clients to obtain structured exposure to digital assets while avoiding direct trading responsibilities.

The PWM service includes a set of features designed to address risks common to concentrated digital-asset holdings:

  • Structured asset allocation intended to limit concentration risk
  • Application of institutional risk management principles to volatile markets
  • Regular performance reporting to facilitate oversight and review
  • Defined liquidity terms to assist with capital planning

Relevance for Kazakhstan's investor base

Bybit frames PWM as particularly relevant in Kazakhstan, where substantial crypto positions have at times been managed through informal mechanisms or offshore arrangements. The firm notes that as regulatory expectations rise within the AIFC environment, structured investment approaches with formal policies and reporting may help reduce operational, compliance and governance risks.

Corporate treasuries are specifically identified as potential users of PWM. That group includes companies in mining, export-oriented sectors and technology, for which PWM could provide a documented framework to allocate a portion of digital-asset holdings into diversified strategies while preserving internal controls and audit visibility. High-net-worth individuals and family offices are described as another target client set, using PWM to integrate crypto exposure alongside traditional assets within set risk limits and standardized reporting structures.


Performance track record and product context

Bybit's Private Wealth Management division is presented as having delivered consistent outcomes across market cycles. In the January 2026 PWM newsletter, the firm reported that its flagship USDT-based strategy had posted 49 consecutive months of positive returns. The same newsletter cited that in January 2026 the top-performing PWM fund achieved a 9.97% APR, occurring amid an overall declining crypto market environment.

Alongside discretionary PWM, Bybit continues to expand its wealth-products lineup. A recent example is Mantle Vault, a structured DeFi-linked product that, according to Bybit, accumulated USD 150 million in assets under management within two months of its launch. Bybit interprets the uptake of Mantle Vault as evidence of demand among sophisticated investors for capital-preservation and yield-focused strategies.


Limitations and regulatory context

Bybit Kazakhstan operates as an AIFC Participant licensed by AFSA to run a Digital Asset Trading Facility and provide Money Services related to digital assets. The company states that it develops compliant infrastructure to support institutions and enterprises engaging with digital assets in Kazakhstan.

The material provided by Bybit includes an explicit disclaimer noting that products and services may not be available in all jurisdictions and that investors should carefully review applicable terms and assess their own risk profiles before making investment decisions.


Contact and institutional information

Contact: Malika Suiinbekova, Bybit KZ - [email protected]; [email protected]

About Bybit Kazakhstan (Bybit Limited): Bybit Kazakhstan is an AIFC Participant licensed by AFSA to operate a Digital Asset Trading Facility and provide Money Services in relation to Digital Assets. Bybit Kazakhstan develops compliant infrastructure to support institutions and enterprises engaging with digital assets in Kazakhstan. www.bybit.kz

About AFSA: The Astana Financial Services Authority (AFSA) is the independent regulator of financial services and related activities in the AIFC. AFSA's mandate is to foster a fair, transparent and efficient financial centre aligned with international standards. www.afsa.kz

Risks

  • Products and services described may not be available in all jurisdictions, which could limit access for some prospective clients - impacts cross-border wealth management and institutional adoption.
  • Crypto markets remain volatile, a factor acknowledged in the PWM positioning and performance reporting, which affects portfolio values and returns - impacts treasury management and investor portfolios.
  • Existing large crypto holdings in Kazakhstan that are managed informally or offshore may face increased operational, compliance and governance scrutiny as regulatory expectations rise - impacts corporate treasuries, mining firms and family offices.

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