ChainUp, founded in 2017 in Singapore, is a leading provider of comprehensive blockchain technology solutions, covering infrastructure development and ecosystem support.
The agreement between AIGroup and ChainUp involves collaboration to create infrastructure for next-generation digital assets.
The partnership aims to establish a technological foundation for digital assets at the institutional level, implement best practices in tokenization, and support the development of Mongolia's digital economy. Additionally, one of the goals is to create a safe and innovative environment that meets national standards.
Gankhuyag Chuluun, CEO of AIGroup, noted: “This memorandum strengthens our long-term cooperation with ChainUp and is a significant step in supporting the digital policy of the Mongolian government. We will focus on the phased creation of a secure and regulated infrastructure, as well as the formation of a national ecosystem.”
“Expanding our partnership with AIGroup is an important step for us. We are confident that our solutions, based on advanced international practices, will make a significant contribution to the sustainable development of Mongolia's digital economy,” commented Chung Ho, Chief Operating Officer of ChainUp.
AIGroup is a diversified technology company focused on developing a digital ecosystem in Mongolia. It operates in areas such as media, enterprise software, blockchain technologies, digital asset services, as well as smart city technologies and mining.
ChainUp, aiming to empower businesses through blockchain, offers innovative solutions that comply with regulatory requirements. Their range includes digital asset exchange systems, wallets, liquidity provision services, as well as storage and management of digital assets. Headquartered in Singapore, the company serves over 1,000 clients in 30 countries and reaches more than 60 million end users.
Tatar S.Maidar
source: MiddleAsianNews