Toronto-based 3iQ Corp. has been selected as the institutional manager for a portion of Bhutan’s Bitcoin reserves, according to reports involving Gelephu Mindfulness City. The appointment links one of Canada’s better-known digital asset firms with Bhutan’s southern special administrative region in a move that highlights growing institutional interest in Bitcoin management.
The decision is notable because it frames part of Bhutan’s Bitcoin holdings within a more formal institutional structure. Rather than treating the reserves as a purely passive holding, the region appears to be putting professional oversight around at least some of its digital asset exposure through 3iQ.
Gelephu Mindfulness City has drawn attention in recent months as Bhutan develops its special administrative region, and the Bitcoin reserves story adds another layer to that broader economic narrative. Naming an outside institutional manager suggests that digital assets are being considered as part of a larger financial strategy tied to the region’s development.
For 3iQ, the role adds an international dimension to its business in the crypto sector. For Bhutan, the move may be watched closely by investors and policymakers looking at how governments and government-linked entities manage Bitcoin reserves in a more structured way.
