Nansen to Set Up Operations in Bhutan’s Gelephu Mindfulness City
On-chain analytics platform Nansen is establishing an operational presence in Bhutan’s Gelephu Mindfulness City (GMC). The transfer marks one other step in the small Himalayan kingdom’s push to construct a sovereign digital asset ecosystem.
More broadly, the deal underscores Bhutan’s accelerating ambition to construct a sovereign-backed digital asset jurisdiction from the bottom up. For Nansen, it’s a guess that the following wave of development will come from precisely that form of ecosystem.
Not a Relocation
Under the collaboration introduced Tuesday, Nansen plans to incorporate an area entity in GMC and rent a Bhutan-based crew. In addition, the corporate will develop on-the-ground analytics capabilities to assist the particular administrative area’s increasing digital asset infrastructure.
The transfer will not be a relocation. Nansen CEO and co-founder Alex Svanevik informed BeInCrypto the corporate is maintaining its Singapore headquarters intact.
“We’re not leaving Singapore — that is a further entity,” Svanevik mentioned. “We selected GMC due to the imaginative and prescient behind it. Most crypto-friendly jurisdictions are optimizing for what exists right now. Bhutan is constructing one thing essentially totally different — a values-driven financial zone with digital belongings baked into the muse, not bolted on as an afterthought.”
Why Bhutan
Established as a purpose-built particular administrative area in southern Bhutan, GMC is designed around sustainable economic development. The area has attracted consideration for its integration of digital belongings on the sovereign stage. That contains holding crypto in its strategic reserves and growing a regulatory framework purpose-built for the sector.
For Svanevik, that sovereign-level dedication is the important thing differentiator.
“GMC has crypto in its strategic reserves, a progressive regulatory framework purpose-built for digital belongings, and real sovereign conviction behind it. That’s uncommon. We need to be pioneers in that ecosystem,” he mentioned.
Expanding Beyond Analytics
The partnership displays a broader shift in Nansen’s personal technique. The firm in January rolled out AI-powered trade execution on Base and Solana and launched its AI agent on the web, transferring past its roots as a wallet-labeling and analytics device towards a full-stack on-chain buying and selling platform.
“Nansen is turning into an AI-first platform for on-chain investing — analytics, buying and selling execution, and AI brokers working collectively,” Svanevik mentioned. “In GMC’s ecosystem, that positions us nicely because the infrastructure matures round custody, tokenization, and institutional liquidity.”
Nansen presently tracks over 500 million labeled pockets addresses throughout main blockchains.
Building Blocks, Not Hype
Still, the Nansen collaboration is the most recent in GMC’s collection of digital asset partnerships, spanning custody infrastructure, tokenization, institutional liquidity, and authorized frameworks.
Jigdrel Singay, a board director at GMC, framed the method as intentionally incremental.
“At GMC, we’re centered on constructing the supporting layers — knowledge, governance, and human functionality — that allow innovation to develop responsibly,” Singay mentioned.
Svanevik described Bhutan’s mannequin as forward-looking somewhat than reactive.
“Bhutan is constructing one thing genuinely new — a jurisdiction designed for the way forward for finance, not retrofitted from the previous,” he mentioned.
Meanwhile, particular particulars on crew measurement, workplace setup, and hiring timelines are nonetheless being finalized. Svanevik mentioned the operational buildout will take form over the approaching months.
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