[09 December 2025, Singapore] ChainUp and AIGroup have signed a Memorandum of Understanding (MOU) to collaborate on the development of next-generation digital asset infrastructure in Mongolia. ChainUp, a leading global provider of digital asset technology solutions, has supported the technology stack of idax, AIGroup’s virtual asset exchange, for the past four years.
Under the MOU, ChainUp and AIGroup will cooperate to establish a joint initiative focused on:
- digital asset infrastructure platforms
- tokenization technology for select asset classes
- compliance-aligned digital innovation frameworks
The collaboration aims to support Mongolia’s growing interest in digital economy infrastructure by providing secure and scalable technology solutions. All activities under the partnership will be conducted in alignment with Mongolia’s regulatory frameworks and applicable financial-oversight requirements.
Executive Statements
Chung Ho, COO of ChainUp: “We look forward to expanding our partnership with AIGroup. ChainUp’s digital asset infrastructure solutions are designed to support compliant and resilient digital economy development.”
Ganhuyag Chuluun, CEO of AIGroup: “This collaboration strengthens our long-standing relationship with ChainUp and supports Mongolia’s broader digital-innovation goals. Our focus is on secure infrastructure, regulatory alignment, and long-term ecosystem growth.”