Bhutan has signed a multi-year memorandum of understanding with Cumberland DRW to collaborate on digital asset infrastructure in Gelephu Mindfulness City, a special administrative region focused on sustainability and technology. The partnership centers on Bitcoin reserve management, institutional expertise, and workforce development, according to officials involved in the agreement.
Cumberland, the digital asset arm of Chicago-based trading firm DRW, will support Bhutan’s efforts to build a regulated crypto ecosystem that includes sustainable mining, stablecoin infrastructure, yield strategies, and artificial intelligence compute. The initiative is being coordinated with Green Digital, a local infrastructure firm developing renewable-energy-powered facilities aligned with Bhutan’s environmental priorities.
The agreement reflects Bhutan’s long-standing approach to digital assets, which leverages surplus hydropower for Bitcoin mining and integrates crypto into broader economic planning. While the MoU is nonbinding, it underscores growing institutional interest in state-level digital asset strategies that prioritize governance, sustainability, and long-term utility over speculative activity.
