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OnchainLabs was named among the first five international companies recognized at the official opening ceremony of the Tamchy Special Financial Investment Territory (SFIT) in Kyrgyzstan, held on 3rd of July 2026 on the shores of Lake Issyk-Kul. The ceremony was led by Kyrgyz President Sadyr Japarov, who presented certificates to the first five companies to reserve residency in the new zone.
Established under Kyrgyz Republic Law No. 136 of July 2025, Tamchy SFIT is a newly launched, roughly 6,000-hectare special economic zone operating under English common law, with a dedicated financial regulator, an independent dispute resolution centre, and a zero percent tax rate on profits, dividends, and capital gains for 49 years. The zone is positioned by its founders as a new international hub for financial services, fintech, and digital assets, connecting the Eurasian Economic Union, China, and the Middle East.
OnchainLabs' interest in Tamchy SFIT centers on tokenization: the legal and technical infrastructure required to represent real-world assets, including physical commodities such as gold, on distributed ledgers. Switzerland has been a pioneer in this space since its Distributed Ledger Technology Act came into force in 2021, establishing clear regulatory token classifications and recognizing ledger-based securities in Swiss civil law. OnchainLabs works closely with Swiss legal and industry specialists operating within that framework.
“Being named among the first residents of Tamchy SFIT is a meaningful moment for Onchain Labs,” said Florian Ehrbar, CEO of OnchainLabs. “Kyrgyzstan is building a jurisdiction with real ambition, and we see a natural fit between the legal certainty Switzerland has built around tokenization and the infrastructure Tamchy SFIT is putting in place. We're looking forward to exploring how that experience can be useful here.”
“Great financial centres are built by understanding what international capital and businesses require,” said Ali Ijaz Ahmad, First Deputy Chairman of the Tamchy SFIT Management Council, at the opening ceremony. “Tamchy SFIT offers exactly that, a trusted, flexible, and investor-ready platform for businesses seeking sustainable growth.”
OnchainLabs is proposing a structured knowledge-exchange program to the Tamchy SFIT Management Council, intended to connect Swiss legal, regulatory, and investment expertise with Tamchy SFIT's institutions and resident community. Discussions on the scope and timing of this and other potential initiatives are ongoing, and further details will be announced as they are confirmed.
