Fonte Capital
Fonte Capital Ltd is a Kazakhstan-registered investment management company (AIFC, since 2022) managing 24+ collective investment schemes, including the first Bitcoin ETF in Central Asia and the world's first staked Solana ETF, serving professional and qualified investors via AIX/ITS listings.
- Company typePrivate
- Founded2022
- HeadquartersAstana, Kazakhstan
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Fonte Capital does
Fonte Capital Ltd is a private investment management company registered in the Astana International Financial Centre (AIFC) of Kazakhstan in January 2022. Headquartered in Astana with a main operational office in Almaty, the company holds an AFSA license (AFSA-A-LA-2022-0004) for managing collective investment schemes and operates a portfolio of more than 24 investment vehicles spanning hedge funds, umbrella funds, sector-specific funds (healthcare, natural resources, fintech, real estate, SME lending), and ETFs. Its products include the first Bitcoin ETF in Central Asia (BETF) and the world's first spot Solana ETF with staking (SETF), both custodied by BitGo and listed on the Astana International Exchange (AIX) with additional distribution via ITS.
The underlying technology stack combines a proprietary Back Office Securities (BOS) system integrated with 1C Enterprise for real-time portfolio tracking, automated reporting, and KYC/AML integration via Kompra and Refinitiv World Check. Crypto-related products additionally leverage BitGo institutional custody and Figment staking infrastructure, with the SETF offering automated staking rewards reinvestment generating 5.5–7.5% yield in SOL tokens. The company also invests in proprietary deal-flow through a joint venture (Azerbaijan Metal Company LLC) to finance, construct, and operate an $800 million hot briquetted iron plant in Azerbaijan, with ING Bank, Sinosure, and SACE serving as financing partners.
Fonte Capital earns revenue through management fees (0.75%–2% of AUM depending on fund), performance fees (up to 20% on certain sub-funds), fund administration, investment advisory, and deal arrangement services. Its customer base is restricted to professional and qualified investors (minimum $50,000 investment), targeted via enterprise field sales, broker/dealer distribution (Freedom Broker), banking partnerships (Bereke Bank), and exchange listings. Distribution is geographically anchored in Kazakhstan and Central Asia with growing activity across Azerbaijan, the UAE, Singapore, China, and Italy, and the company serves both institutional investors and SMEs requiring growth capital.
Fonte Capital firmographics
Firmographics- Name
- Fonte Capital
- Legal name
- Fonte Capital Ltd
- Website
- https://fonte.kz
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fonte Capital Ltd is a Kazakhstan-registered investment management company (AIFC, since 2022) managing 24+ collective investment schemes, including the first Bitcoin ETF in Central Asia and the world's first staked Solana ETF, serving professional and qualified investors via AIX/ITS listings.
- Ownership category
- akta.pro rank
Fonte Capital industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Miscellaneous Intermediation (52391)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Regional / Country-Focused Multi-Manager Platforms (FSANAGAI)
- akta.pro secondary industries
- Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
Keywords
Where Fonte Capital is headquartered
LocationHeadquarters
- HQ city
- Astana
- HQ country
- Kazakhstan
- HQ region
- Asia
Offices2 records
Markets served
Fonte Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Annual management fees charged on Assets Under Management (AUM) across all investment funds. Rates vary by fund: Bitcoin ETF 0.75%, Solana ETF 1%, Hedge Fund 1.5%, Emerging Markets Umbrella Fund 1.5-2%
- Performance Fees: Success fees charged on fund outperformance, particularly for alternative investment strategies. Sub-Fund B of Emerging Markets Umbrella Fund charges 20% performance fee
- Fund Administration Services: Comprehensive fund administration services including back-office functions, regulatory compliance support, and investor reporting for both Exempt and Non-Exempt Funds
- Investment Advisory Services: Strategic investment advisory services providing institutional-caliber research and actionable strategies across all asset classes
- Deal Arrangement Services: Deal origination and investment placement services structuring and negotiating capital placement into high-potential transactions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Professional/Qualified Investors |
| Subscription | Annual | Bitcoin ETF (BETF) |
| Subscription | Annual | Solana ETF (SETF) |
| Subscription | Annual | Emerging Markets Umbrella Fund |
| Subscription | Annual | Innovation Fund (FIF) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Fonte Capital product offering
Product offeringCore offering
Fonte Capital is an investment management company that launches and manages investment funds (24+ vehicles including ETFs, hedge funds, and umbrella funds), provides investment advisory and investment management services, arranges deals, and offers fund administration services. It operates from the Astana International Financial Centre (AIFC) jurisdiction in Kazakhstan and serves professional and qualified investors.
Product overview
Fonte Capital is an investment management company offering a comprehensive suite of 24+ investment funds and professional services. The product portfolio includes: ETFs (Fonte Bitcoin ETF and Fonte Solana ETF - the world's first spot Solana ETF with staking), traditional bond and equity funds (Hedge, Dynamic, Exponential, Universal, KZ, Temir funds), specialized sector funds (GreenMet for natural resources, Health Sciences for healthcare), alternative strategies (Inceptia Alpha, Reach for SME financing), umbrella fund structures (Emerging Markets, AXL, Arbitra), and the Innovation Fund for crypto futures trading. Services encompass collective investment scheme management, investment advisory, deal arrangement, investment management, and fund administration. All products operate under AIFC regulatory jurisdiction.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Funds A diversified lineup of 24+ investment funds including ETFs, hedge funds, and umbrella funds for professional and qualified investors within the AIFC jurisdiction.
- Investment Advisory Services Investment advisory services provided to professional and institutional clients for portfolio and investment decision support.
- Deal Arrangement Services Arrangement of investment deals for clients, supporting transaction structuring and execution within the AIFC jurisdiction.
- Fund Administration Services Fund administration services covering operational, reporting, and governance support for investment funds managed by Fonte Capital and third parties.
- Investment Management Services Discretionary investment management services for client portfolios and funds under Fonte Capital's AIFC-regulated mandate.
Quantifiable outcome
- Leader among AIFC funds - became key player in collective investment market in just two years
- +3 more outcomes
Companies that use Fonte Capital
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles1 record
Fonte Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Fonte Capital partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered major, flagship, core and minor.
- Sinosteel Equipment & Engineering Co., Ltd.majorPrepared feasibility study for HBI plant and providing equipment for construction of the facility.
- Bereke BankflagshipCooperation agreement combining Fonte Capital investment expertise with Bereke Bank's client ecosystem for joint educational initiatives and expanded client access to investment products.
- ITS (International Trading System)coreAdditional trading platform enabling expanded investor base and securities collateral functionality for Fonte Capital ETFs.
- FigmentcoreInstitutional infrastructure provider for Solana ETF, strengthening staking capabilities and validator operations for SETF.
- Dashkasan Iron Ore LLCflagshipJoint venture partner for HBI plant construction through Azerbaijan Metal Company LLC (AzMC). Fonte GreenMet Investments Fund participates in $800M industrial project.
- Central Securities Depository (KCSD)corePartnership with Kazakhstan's Central Securities Depository for registry management and nominee account services ensuring smoother settlement processes.
- Astana International Exchange (AIX)corePrimary exchange listing venue for all Fonte Capital investment funds. Enables investor access through regulated exchange infrastructure.
- Freedom BrokermajorPublished investment analysis of Fonte Solana ETF and Bitcoin ETF, providing distribution through broker platform and extending market reach.
- BitGo Trust CompanycoreDigital asset custodian for Bitcoin and Solana ETFs, providing institutional-grade security and insurance coverage for fund assets. Custody infrastructure enables regulated ETF structure.
- Yassa EducationminorPartner for Tenger educational program providing free training for financial sector professionals and career opportunities.
- BybitminorExplored collaboration opportunities with leading cryptocurrency exchange for market development.
Scale indicators12 records
Recent moves12 records
Expansion highlights6 records
Fonte Capital competitors and assessment
Company assessmentDirect peers
- Hashdex: Crypto-ETF issuer with regulated spot Bitcoin/Ethereum and diversified crypto products across LatAm and the US. Directly comparable to Fonte as a regulated crypto-ETF product innovator in an emerging market.
- BCC Invest: Kazakhstan investment firm offering brokerage, asset management, and advisory. Comparable as a KZ-based regulated investment firm competing for the same qualified-investor base and exchange listings (AIX).
- 21Shares: Swiss-anchored crypto-ETP issuer with a broad single-asset and thematic product range. Comparable to Fonte in launching first-of-kind regulated crypto ETPs and competing for institutional crypto allocations.
- CoinShares: European digital-asset investment firm with a listed ETPs product suite and active asset-management business. Closely comparable to Fonte's regulated crypto-ETF and digital-asset fund strategy.
- Freedom Holding Corp / Freedom Broker: US-listed CIS brokerage and wealth-management group headquartered in Kazakhstan with extensive retail/institutional distribution. Highly comparable to Fonte as a KZ-headquartered investment distributor and existing channel partner.
- Grayscale Investments: US-based digital-asset investment products manager operating the largest spot crypto trusts/ETFs. Closest functional peer to Fonte's BETF and SETF given comparable spot-crypto product structure and regulated custody focus.
- RESMI: Kazakh investment company offering brokerage, asset management, and corporate finance. Directly comparable to Fonte in product mix, customer segment, and KZ capital-markets focus.
- Almak Capital: Kazakhstan/CIS asset-management and venture firm previously led by Fonte's founder-CEO. Comparable as a domestic CIS alternative-investment manager with similar HNW/institutional clientele.
Emerging players
- SkyBridge Capital: US alternative-investment manager with a notable digital-asset/crypto product franchise. Comparable to Fonte in bridging traditional and digital-asset mandates and targeting HNW/professional allocators.
Broad incumbents
- Halyk Bank (Halyk Finance asset-management arm): Largest bank in Kazakhstan with a substantial asset-management and brokerage business. Comparable to Fonte as a domestic institutional investor and product competitor operating across traditional and alternative strategies in the KZ market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Fonte Capital social profiles
Digital presenceFonte Capital compliance and trust
Trust signalCompliance3 records
Fonte Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fonte Capital leadership team
Management profileNumber of profiles
Fonte Capital subsidiaries and ownership
Company hierarchySubsidiaries23 records
Fonte Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fonte Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fonte Capital
What does Fonte Capital do?
Fonte Capital is an investment management company that launches and manages investment funds (24+ vehicles including ETFs, hedge funds, and umbrella funds), provides investment advisory and investment management services, arranges deals, and offers fund administration services. It operates from the Astana International Financial Centre (AIFC) jurisdiction in Kazakhstan and serves professional and qualified investors.
Is Fonte Capital a public or private company?
Fonte Capital is a private company. It is classified as unknown and is currently operating.
When was Fonte Capital founded?
Fonte Capital was founded in 2022. It employs 11 to 50 people.
Where is Fonte Capital based?
Fonte Capital is headquartered in Astana, Kazakhstan, in the Asia region.
How does Fonte Capital make money?
Five revenue lines are on record. Management Fees are the primary driver. The others are performance Fees, fund Administration Services, investment Advisory Services and deal Arrangement Services.
Who are Fonte Capital's main competitors?
Direct peers on record are Hashdex, BCC Invest, 21Shares, CoinShares, Freedom Holding Corp / Freedom Broker, Grayscale Investments, RESMI and Almak Capital. SkyBridge Capital is listed as an emerging player. Halyk Bank (Halyk Finance asset-management arm) is listed as a broad incumbent.
Does Fonte Capital have an API?
No public API is recorded for Fonte Capital.
What industry is Fonte Capital in?
Fonte Capital's product category is Investment Management. Its primary akta.pro industry code is FSANAGAI, Regional / Country-Focused Multi-Manager Platforms, with a secondary code of FSANAGAH, Thematic / Sector-Focused Multi-Manager Platforms. Its NAICS code is 52394 and its SIC code is 6282.