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3iQ partners with Gelephu Mindfulness City
30 July 2026 Bhutan
Image: kardd/stock.adobe.com
3iQ, a provider of digital asset investment solutions, has partnered with the Bhutan special administrative hub, Gelephu Mindfulness City (GMC), to advance the region’s digital asset fund ecosystem.
As part of the collaboration, 3iQ will be responsible for a dedicated mandate backed by a portion of GMC’s bitcoin treasury and will invest in local talent and knowledge transfer.
The overall aim is to establish a long-term presence in GMC to help build it into Bhutan’s new digital offshore financial hub.
GMC says that working with 3iQ is indicative of its approach of combining its national plan and capital with proven, institutional-grade capabilities.
The partnership follows the 2025 announcement that up to 10,000 bitcoin would be allocated from Bhutan’s national holding to support the development of GMC.
Regarding the collaboration, Pascal St-Jean, director and CEO of 3iQ, says: “GMC's ambition for Gelephu is bold and forward-thinking, and we're proud to bring our institutional discipline and global track record to help realise it, putting Bhutan’s capital to work responsibly, transparently and for the long term.”
Jigdrel Singay, board director, GMC, adds: “This partnership marks an important first step in building GMC's next-generation institutional digital asset management hub.
“We see this as the start of a broader ecosystem that will attract leading asset managers, investment firms and talent from around the world.”
The partners say this announcement is the first of a series of targets that they plan to announce in the coming months.
As part of the collaboration, 3iQ will be responsible for a dedicated mandate backed by a portion of GMC’s bitcoin treasury and will invest in local talent and knowledge transfer.
The overall aim is to establish a long-term presence in GMC to help build it into Bhutan’s new digital offshore financial hub.
GMC says that working with 3iQ is indicative of its approach of combining its national plan and capital with proven, institutional-grade capabilities.
The partnership follows the 2025 announcement that up to 10,000 bitcoin would be allocated from Bhutan’s national holding to support the development of GMC.
Regarding the collaboration, Pascal St-Jean, director and CEO of 3iQ, says: “GMC's ambition for Gelephu is bold and forward-thinking, and we're proud to bring our institutional discipline and global track record to help realise it, putting Bhutan’s capital to work responsibly, transparently and for the long term.”
Jigdrel Singay, board director, GMC, adds: “This partnership marks an important first step in building GMC's next-generation institutional digital asset management hub.
“We see this as the start of a broader ecosystem that will attract leading asset managers, investment firms and talent from around the world.”
The partners say this announcement is the first of a series of targets that they plan to announce in the coming months.
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