When large-scale investments in Kazakhstan are discussed, the spotlight usually falls on international corporations and raw-material giants. Yet behind such deals are people and companies capable of connecting local initiative with global capital.
The story of Aigazy Kusainov and his partnership with Lygend Resources & Technology Co., Ltd. is a clear example of how Kazakhstani businesses can attract foreign investment while retaining control and strategic initiative.
Two years ago, Aigazy Kusainov was looking for a reliable investment advisor who could help design a transparent deal structure and a clear long-term development strategy. That role was taken on by the Investbanq team.
Thanks to its strong brand recognition and track record across Asia, Investbanq established contact with Lygend Resources, led by Chinese billionaire and nickel magnate Cai Jianyu. For a company specializing in nickel and copper mining and processing, Kazakhstan became an ideal entry point into Central Asia.
The negotiations resulted in Lygend Resources investing in one of Verum Mining’s subsidiaries, as well as the creation of the Silk Road joint venture—one of the most significant transactions in the sector in recent years.
The first stage of the deal is valued at $125 million: the Chinese side acquired a controlling stake, while the Kazakh party retained 48.5% through the Singapore-based holding Verum Group.
“We have always known that Kazakhstan needs not just technologies, but systems that create capital and trust. To achieve this, it is essential to speak the language of investors and demonstrate a long-term vision spanning decades. Investbanq is not only a highly professional, world-class company, but also one that fully shares this philosophy,” says Aigazy Kusainov.
Initially, Investbanq acted as a financial advisor, but soon became the architect of the transaction. The team developed the investment model, calculated financing scenarios, and helped structure the partnership—ensuring legal transparency and building trust between the parties while taking into account cultural differences between Kazakhstani and Chinese business approaches. “This was made possible by many years of experience doing business in both Southeast Asia and Central Asia. In deals like this, a diverse and extensive background plays a crucial role,” notes Talgat Kantaev, COO of Investbanq.
“For Chinese investors, trust and strategic perspective are key. That is why, in this deal, we focused on the reliability of the founder and the team, as well as the growth potential of the asset. Today, Investbanq is not only about digital solutions—it is also a platform where the interests of businesses and investors converge. Deals of this kind are just the beginning of the unique ecosystem opportunities that Investbanq will be able to create in the near future,” adds Olzhas Zhiyenkul, CEO of Investbanq.
About Investbanq
Investbanq is a participant of Astana Hub and an AI-powered wealth management platform founded by Kazakhstani entrepreneurs and registered in Singapore. The company provides unique SaaS solutions for family offices, banks, and asset management firms, helping automate investment processes, analyze data, and interact with clients within a unified digital environment. Investbanq is also actively developing ecosystem-based solutions, connecting investors and business initiatives across Southeast Asia (SEA), the Middle East and North Africa (MENA), and Central Asia.
When large-scale investments in Kazakhstan are discussed, the spotlight usually falls on international corporations and raw-material giants. Yet behind such deals are people and companies capable of connecting local initiative with global capital.
The story of Aigazy Kusainov and his partnership with Lygend Resources & Technology Co., Ltd. is a clear example of how Kazakhstani businesses can attract foreign investment while retaining control and strategic initiative.
Two years ago, Aigazy Kusainov was looking for a reliable investment advisor who could help design a transparent deal structure and a clear long-term development strategy. That role was taken on by the Investbanq team.
Thanks to its strong brand recognition and track record across Asia, Investbanq established contact with Lygend Resources, led by Chinese billionaire and nickel magnate Cai Jianyu. For a company specializing in nickel and copper mining and processing, Kazakhstan became an ideal entry point into Central Asia.
The negotiations resulted in Lygend Resources investing in one of Verum Mining’s subsidiaries, as well as the creation of the Silk Road joint venture—one of the most significant transactions in the sector in recent years.
The first stage of the deal is valued at $125 million: the Chinese side acquired a controlling stake, while the Kazakh party retained 48.5% through the Singapore-based holding Verum Group.
“We have always known that Kazakhstan needs not just technologies, but systems that create capital and trust. To achieve this, it is essential to speak the language of investors and demonstrate a long-term vision spanning decades. Investbanq is not only a highly professional, world-class company, but also one that fully shares this philosophy,” says Aigazy Kusainov.
Initially, Investbanq acted as a financial advisor, but soon became the architect of the transaction. The team developed the investment model, calculated financing scenarios, and helped structure the partnership—ensuring legal transparency and building trust between the parties while taking into account cultural differences between Kazakhstani and Chinese business approaches. “This was made possible by many years of experience doing business in both Southeast Asia and Central Asia. In deals like this, a diverse and extensive background plays a crucial role,” notes Talgat Kantaev, COO of Investbanq.
“For Chinese investors, trust and strategic perspective are key. That is why, in this deal, we focused on the reliability of the founder and the team, as well as the growth potential of the asset. Today, Investbanq is not only about digital solutions—it is also a platform where the interests of businesses and investors converge. Deals of this kind are just the beginning of the unique ecosystem opportunities that Investbanq will be able to create in the near future,” adds Olzhas Zhiyenkul, CEO of Investbanq.
About Investbanq
Investbanq is a participant of Astana Hub and an AI-powered wealth management platform founded by Kazakhstani entrepreneurs and registered in Singapore. The company provides unique SaaS solutions for family offices, banks, and asset management firms, helping automate investment processes, analyze data, and interact with clients within a unified digital environment. Investbanq is also actively developing ecosystem-based solutions, connecting investors and business initiatives across Southeast Asia (SEA), the Middle East and North Africa (MENA), and Central Asia.
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