ChainUp and AIGroup have signed a Memorandum of Understanding (MOU) to jointly develop next-generation digital asset infrastructure in Mongolia. The two companies have worked together for the past four years through ChainUp’s support of idax, AIGroup’s virtual asset exchange.
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Under the agreement, both organizations will explore cooperation across digital asset platforms, tokenization technologies and compliance-aligned digital innovation frameworks. The goal of the partnership is to support Mongolia’s fast-growing digital economy with secure and scalable infrastructure while operating fully within national regulatory guidelines.
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ChainUp COO Chung Ho said the extended collaboration is aimed at building compliant and resilient digital infrastructure in the region. AIGroup CEO Ganhuyag Chuluun noted that the agreement reinforces a long-standing partnership while supporting the country’s broader digital-innovation ambitions.
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