Ulaanbaatar, Mongolia — December 6, 2025
AIGroup and ChainUp Pte. Ltd. have signed a Memorandum of Understanding (MOU) to collaborate on the development of next-generation digital-asset infrastructure in Mongolia. ChainUp, a leading Singapore-based provider of blockchain and digital-asset technology solutions, has supported the technology stack of idax, AIGroup’s virtual-asset exchange, for the past four years.
Under the MOU, AIGroup and ChainUp 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
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.”
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.”
About AIGroup
AIGroup is a diversified technology and digital-ecosystem company in Mongolia, spanning media, enterprise software, blockchain technologies, digital-asset services, mining technology, and smart-city integration.
About ChainUp
ChainUp is a global provider of digital-asset solutions serving financial institutions, Web3 enterprises, and digital-infrastructure operators. Founded in 2017 and headquartered in Singapore, ChainUp offers a suite of blockchain technologies including digital-asset exchange infrastructure, liquidity solutions, MPC wallets, KYT analytics, tokenization systems, and infrastructure APIs.
Media Contacts:
AIGroup – [Email / Phone]
ChainUp – xuezhen@chainup.com / +65 9325 6483
