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Vingroup Signs Strategic Cooperation with The Government of Uzbekistan, Opening Large-Scale Investment Opportunities in Central Asia

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HANOI, VIETNAM – Media OutReach Newswire – 25 December 2025 – Vingroup announced the signing of a Memorandum of Understanding (MOU) with the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan to promote cooperation and implement multi-sector projects in Uzbekistan. The agreement marks the beginning of a long-term cooperation plan between the two sides across multiple key sectors, while opening large-scale investment opportunities for the Vietnamese corporation in Central Asia, contributing to the strengthening of economic and investment ties between Vietnam and Uzbekistan.

Mr. Kasimov Ilzat Ablaxatovich, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan (left), and Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup (right), at the signing ceremony of the Memorandum of Understanding (MOU).
Mr. Kasimov Ilzat Ablaxatovich, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan (left), and Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup (right), at the signing ceremony of the Memorandum of Understanding (MOU).

Under the MOU, the two parties agreed to jointly study and develop strategic cooperation opportunities in areas such as urban development, sustainable transportation, tourism and leisure infrastructure, as well as other investment projects aligned with Uzbekistan’s development orientation, affirming the scale and capabilities of Vietnamese enterprises on the global economic map.

Specifically, in the area of urban development, Uzbekistan is ready to allocate approximately 1,000 hectares of land in a prime location of the capital Tashkent for Vingroup to study, propose, and invest in the development of a large-scale, integrated urban complex. The project would include residential areas, living infrastructure, commercial and cultural facilities, and public infrastructure facilities. The development is envisioned to form a “Vietnam Town”, creating a modern and sustainable urban landmark while enhancing cultural exchange and economic cooperation between the two countries.

In the field of sustainable transportation, Vingroup has proposed studying the deployment of electric taxi and urban mobility services using VinFast electric vehicles in Uzbekistan, together with a charging infrastructure system and support services. The project is expected to contribute to the green transition, reduce emissions, and improve the quality of urban transportation services in major Uzbek cities.

In tourism and leisure infrastructure, the two sides will explore the potential development of integrated tourism and recreational center, including entertainment facilities, hotels, golf courses and related tourism infrastructure, aiming to unlock tourism potential and enhance Uzbekistan’s attractiveness to international visitors.

In addition, this strategic cooperation also establishes a framework for the two parties to identify, assess, and select other potential investment projects that align with the development strategies and long-term priorities of each side.

On the Uzbek government’s side, the Ministry of Investment, Industry and Trade committed to supporting Vingroup by providing information on the investment environment, legal framework, and incentive policies, as well as coordinating with relevant authorities and local governments in project preparation, including land allocation, licensing, and access to investment support mechanisms in accordance with legislation.

On Vingroup’s side, the Group will propose conceptual proposals, technical expertise and investment plans, participate in feasibility studies and project structuring, and mobilize member companies within the Vingroup ecosystem to implement suitable projects in Uzbekistan.

Mr. Kasimov Ilzat Ablaxatovich, Deputy Minister of Investment, Industry and Trade of Uzbekistan, stated: “We welcome Vingroup’s interest and commitment to cooperation in Uzbekistan. With its experience in urban development, sustainable transportation, and infrastructure projects, Vingroup is considered a strategic partner to jointly explore and implement investment initiatives aligned with Uzbekistan’s socio-economic development priorities in the coming period.”

Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, shared: “Uzbekistan is a market with strong potential, supported by a clear development direction and an improving investment environment. Through this Memorandum of Understanding, Vingroup aims to gradually explore suitable cooperation opportunities and work alongside the Government of Uzbekistan in developing urban areas, sustainable transportation, and sectors that bring positive contributions to local communities.”

Uzbekistan holds a strategic position in Central Asia, with a growing economy and strong potential in urban development, infrastructure, tourism, and services. The Government of Uzbekistan is actively promoting reforms and attracting foreign investment to drive sustainable economic growth and international integration.

Vingroup is Vietnam’s leading private multi-sector corporation, operating across six core pillars: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture, and Social Enterprises, with the vision “To create a better life for people”. With its proven reputation, scale and capabilities, Vingroup is steadily expanding globally, contributing to elevate the global standing of Vietnamese enterprises.

Hashtag: #Vingroup

The issuer is solely responsible for the content of this announcement.

Clean Energy and Green Future: Foreign Vloggers Explore China Huadian Projects

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BEIJING, Dec. 25, 2025 /PRNewswire/ — When British vlogger Adam was told by an 89-year-old villager in Yunnan of “no more fear of floods,” and Barrett held crabs under solar panels in Jiangsu, China Huadian’s clean energy practices emerged for the world to observe the country’s green development.

The value of Liyuan Hydropower Station in Lijiang, Yunnan, extends far beyond energy supply. During his visit, Adam first saw a model of a hydropower unit with a history exceeding 110 years from Shilongba Hydropower Station — China’s first hydropower station, commissioned in 1912 — at the China-South Asia Expo in Kunming. Remarkably, this unit still generates electricity, a testament to China Huadian’s meticulous equipment stewardship. Later, at Liyuan Hydropower Station, the generators in the powerhouse reliably power local communities. More crucially, the station stores excess water during flood seasons to control downstream flows, protecting villages from destructive floods. The project also releases artificially bred rare fish native to the Jinsha River back into the water.

The China Huadian Zhenglu Fishery-Solar Complementary Project in Jiangsu has established itself as a scalable demonstration model that effectively integrates photovoltaic power generation with aquaculture production. From above, the solar panels look like a blue ocean, while beneath them, mitten crabs thrive in ponds. The project’s engineering chief explained that 6-meter-high flexible support systems — held together by prestressed steel cables — withstand typhoons of magnitude 13, and special anchor piles address the soft soil conditions. A crab farmer noted that the solar panels’ shade lowers water temperatures by 3-4 degrees Celsius, boosting crab yields. The project also uses databases to track feed, water quality, and even assign unique IDs to crabs, shifting from experience-based farming to tech-driven “smart aquaculture.”

Through the foreign vloggers’ perspectives, viewers see the real changes these projects have brought to the locals. China Huadian’s initiatives do more than display technology — they integrate seamlessly into local life, turning clean energy into a force for improving livelihoods. These stories offer the world a glimpse of how China’s green development delivers concrete, meaningful benefits to people.

HTX Earn Fully Upgraded: Join HTX Earn Carnival, Earn Up to 15% APY and Apple Product Rewards

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PANAMA CITY, Dec. 25, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has announced a comprehensive upgrade to HTX Earn, its premier digital asset wealth management suite. Alongside this upgrade, the exchange officially launched its flagship incentive campaign, the HTX Earn Carnival. The initiative features subsidized annualized yields of up to 15% APY across core assets, complemented by high-value physical rewards, including the latest Apple flagship product lineup.

The move comes as year-end market sentiment shows signs of recovery, with investors increasingly prioritizing lower-risk, yield-bearing products. The revamped HTX Earn interface boasts a simplified product structure, more efficient experience, and more competitive returns, aiming to provide a “one-stop” solution for digital asset appreciation.

Reap 15% APY on 27 Assets and Amazing Prizes

The HTX Earn Carnival event is scheduled to run from December 24, 2025, at 02:00 (UTC) through January 1, 2026, at 16:00:00 (UTC). During this period, HTX is offering significant APY subsidies for Flexible Earn products across 27 mainstream assets. Participants earn up to 15% APY on their idle assets through subscriptions.

 Eligible assets include major stablecoins such as USDT, USDD, USD1, and USDC, alongside a broad range of core cryptocurrencies including BTC, ETH, TRX, ZEC, TURBO, NEO, WBT, APE, COMP, QTUM, PENDLE, DOT, TON, SOL, ATOM, CSPR, POL, NEAR, ADA, SUI, APT, A, and CRV. This diverse selection is designed to accommodate both conservative yield strategies and diversified portfolio needs.

The participation process is straightforward:

  • Access: Users can log in their HTX accounts and find Earn on the navigation bar via the official HTX website or directly from the app homepage.
  • Mechanics: Yield calculation rules are fully transparent. Users who reach specified net asset increase thresholds during the maintenance period will receive APY Booster Coupons for the USDT Flexible Earn product.
  • Lucky Draws: In addition to the APY boosts, users ranked among the top contributors by net asset increase will be eligible for lucky draws to win Apple flagship devices, including the iPhone 17 Pro Max, Apple Watch Series 11, and AirPods Pro 3.
  • The campaign follows a four-stage structure: Subscription, Asset Maintenance, Review, and Reward Claim. Users must complete registration and asset allocation during the subscription phase. Rewards are determined by the net asset increase maintained throughout the period and must be manually claimed during the designated window; unclaimed rewards will be forfeited.

HTX Earn Revamped: Five Core Modules

HTX has systematically upgraded the HTX Earn ecosystem, restructuring the interface into five clearly defined modules to enhance usability and long-term management efficiency:

  1. Overview: A unified dashboard to monitor asset allocation and yield performance.
  2. Simple Earn: Designed for conservative, straightforward yield strategies.
  3. New Listings: Dedicated to high-potential yields for newly onboarded tokens.
  4. Structured Products: For advanced investors seeking tailored opportunities.
  5. On-Chain Earn: Direct access to decentralized staking and PoS opportunities.

The refined categorization significantly reduces decision-making friction, allowing users to align their strategies precisely with their risk preferences. Furthermore, the redesigned homepage now features a dedicated promotions area for limited-time boosts and an intelligent recommendation module that suggests products based on a user’s current asset structure. Additional optimizations include an SVIP zone, a newcomer section, and multi-dimensional filters for a tailored experience.

From Campaign Incentive to Sustainable Yield

From the launch of HTX Earn Carnival to the continued evolution of its Earn product architecture, HTX is reinforcing its commitment to long-term, sustainable asset appreciation, aiming to deliver professional, transparent, and efficient asset management tools beyond short-term promotions. Looking ahead, HTX plans to further expand its Earn offerings, refine user experience, and introduce diversified yield mechanisms aligned with real user demand.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

 

HTX Year-End Carnival Launches 200,000 USDT Airdrop Giveaway in Partnership with the TRON Ecosystem

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PANAMA CITY, Dec. 25, 2025 /PRNewswire/ — As the festive season ignites year-end market momentum, HTX is proud to announce the launch of its flagship annual event: the  HTX Year-End Carnival. Running from December 22, 2025 to January 18, 2026, the celebration offers a massive 200,000 USDT prize pool to users worldwide.

This year’s carnival is a joint initiative sponsored by leading projects within the TRON ecosystem, including TRON DAO, SunPump, JUST, AINFT, BitTorrent, WINkLink, Steemit, and SunGenX. Serving as the central hub, HTX is leveraging these partnerships to catalyze market activity, offering a diverse array of trading incentives, token airdrops, and interactive community challenges.

28 Days of Nonstop Airdrops, Plus 10,000 USDT in Extra Holiday Bonuses

The centerpiece of the carnival is a 28-day consecutive airdrop campaign. Each day at 03:00 (UTC), 5,000 USDT in rewards will be available via the HTX App on a first-come, first-served basis.

To celebrate the peak of the holidays, HTX will also distribute an extra 10,000 USDT in “no-threshold” airdrops on Christmas Day (December 25) and New Year’s Day (January 1). These bonuses will be released alongside the daily rewards.

  • How to Qualify: Simply complete one trade or one community interaction (post, comment, like, or share) between December 1, 2025, and January 15, 2026.
  • Claiming Period: Qualification enables reward claims starting 48 hours after the task is completed (e.g., a trade on Dec 22 unlocks claims starting Dec 24). Users are encouraged to set a daily reminder for 03:00 (UTC) to secure their share.

The HTX x TRON Ecosystem Collaboration Powers Event Momentum

This event represents a deep collaboration between HTX and the TRON ecosystem. With the participation of core TRON projects such as SunPump, JUST, AINFT, BitTorrent, WINkLink, Steemit, and SunGenX, the event delivers strong reward support while enabling users to experience firsthand the application value and growth potential of the TRON network.

The HTX Year-End Carnival features a multi-tiered reward system tailored to users with different trading preferences and levels of engagement. Throughout the event, users can unlock trading bonuses by completing designated tasks and participate in multiple rounds of festive airdrops.

The carnival is structured into three strategic phases designed to maximize user value:

  1. The Initial Phase: Focuses on community growth through ecosystem quizzes, holiday-themed interactions, and price prediction challenges.
  2. The Core Trading Phase: Highlights TRON ecosystem assets with specialized incentives across Futures, Spot, and Copy Trading.
  3. The Closing Phase: Intensifies rewards with milestone bonuses to conclude the year on a high note.

Year-End Momentum, HTX Empowers Users with Ongoing Rewards

As one of the platform’s premier annual initiatives, HTX’s Year-End Trading Carnival is more than a holiday giveaway. It serves as a comprehensive showcase of HTX’s commitment to user value, premium trading experiences, and ecosystem synergy at this pivotal year-end moment. With the official launch of the event, trading activity on HTX is poised to reach new heights. Through these ongoing initiatives, HTX remains dedicated to capturing year-end market momentum together with users worldwide.

The festivities are already underway. Join the HTX Year-End Carnival today and capture your share of the 200,000 USDT prize pool.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

 

Life-Space TrioBiotic Series Lands in Southeast Asia, Revolutionizing Gut Health with Triple-Action Formula

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KUALA LUMPUR, Malaysia, Dec. 25, 2025 /PRNewswire/ — A significant shift is underway in the regional health and wellness landscape as the innovative Life-Space TrioBiotic supplement series officially enters the Southeast Asian market. The launch introduces a cutting-edge “three-in-one” approach to gut health, combining prebiotics, probiotics, and postbiotics in a single daily dose.

The world of health and wellness has been fundamentally transformed by the pivotal role of Probiotics in supporting gut health and overall well-being. Over the past decade, we have witnessed an explosive surge in probiotic-based products—from supplements and functional foods to beverages, snacks, and even specialized skincare.

The move comes as the global probiotics market continues its remarkable growth, predicted to reach $140.34$ billion (USD) by 2031. The growth in Asia is driven by increasingly health-conscious consumers seeking effective solutions to manage modern lifestyle pressures, which often lead to gut imbalance, or dysbiosis.

The Microbiome: A Core Focus for Regional Health

Recent decades have seen scientists highlight the crucial role of the microbiome—the complex ecosystem of trillions of microorganisms residing primarily in the gut—in supporting everything from immune function and nutrient absorption to energy levels. Disruptions to this balance, influenced by stress, diet, and sleep patterns, can negatively impact overall health.

The TrioBiotic series is positioned to address this need by capitalizing on the interconnected relationship between the three ‘biotics’:

  • Probiotics: The live microorganisms essential for digestive health.
  • Prebiotics: The “fuel” that nourishes and supports the beneficial probiotic bacteria.
  • Postbiotics: The beneficial compounds, like Short-Chain Fatty Acids (SCFAs), produced by the probiotics after consuming prebiotics.

The inclusion of all three elements—a multi-biotic formulation—represents the next evolution in gut health supplementation, moving beyond traditional single-focus probiotic products.

Targeted Solutions and Strategic Regional Launch

The Life-Space TrioBiotic series is designed with gender-specific needs in mind, featuring two specialized products:

  • Life-Space TrioBiotic for Women: A formula supporting general gut health, digestion, and immunity, while offering added support for vaginal and urogenital health.
  • Life-Space TrioBiotic for Men: Tailored to support gut health, energy levels, and immunity, with specific components to assist in male health requirements, including sperm health.
  • The launch is expected to significantly influence the regional market for functional health supplements, offering consumers a sophisticated, comprehensive approach to maintaining internal balance.

 

Keywords for AIIB’s first decade: multilateral cooperation, mutual connectivity, extensive consultation, and joint contribution

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BEIJING, Dec. 25, 2025 /PRNewswire/ — A news report from China.org.cn on AIIB’s first decade:


Keywords for AIIB’s first decade: multilateral cooperation, mutual connectivity, extensive consultation, and joint contribution

In a primary school classroom in the remote Bangladeshi village of Padmo Para, bright lights illuminate attentive students learning off a projector screen, accompanied by their teacher’s voice and an electric fan humming in the background.

Such an ordinary classroom scene was once out of the question for local students. Since Bangladesh gained independence in 1971, the village long remained without access to electricity, forcing students to do their homework by the dim light of oil lamps.

A turning point came in 2016. Back then, the Asian Infrastructure Investment Bank (AIIB), only six months into operation, listed the “Distribution System Upgrade and Expansion” in Bangladesh as one of its first batch of initiatives. Through a loan of 165 million USD, more sets of power equipment were installed, power plants upgraded, and cables constructed, putting an end to the electricity shortage that affected 12.5 million people in rural Bangladesh.

Village Padmo Para has been lit up ever since.

On Dec 25, ten years ago, the AIIB was officially founded under China’s initiative, with the aim of empowering infrastructure development, enhancing connectivity in Asia, and promoting multilateral collaboration. For ten years, tangible changes like those seen in Padmo Para have multiplied across member countries of the AIIB: In Uzbekistan, 660,000 residents have gained access to clean drinking water; in northern Cote d’Ivoire, a “road of happiness” linking the country with Mali and Guinea has broken long-standing transportation bottlenecks for local residents…

By December 23rd, 2025, the AIIB has approved 360 projects, with a total financing of 69.47 billion USD, covering loans and investment across sectors including energy, transportation, and hydraulic engineering in 40 member countries such as Bangladesh, Benin, Brazil, and Fiji. By the end of 2024, AIIB-supported transportation infrastructure has exceeded 51,000 kilometers, benefiting more than 410 million people.

It’s clear that the AIIB is committed to strengthening regional collaboration and improving people’s wellbeing; it has also been focusing on empowering the growth of developing countries through investment. This stems from the AIIB currently being the only multilateral investing institution with developing countries as the major shareholders, and developed countries holding minority stakes. Guided by a multilateral cooperation model that emphasizes balance, openness and inclusiveness, and anchored in the principle of consultation, joint contribution and shared benefits, the AIIB’s “circle” of partners has steadily expanded. Over the past decade, its membership has grown from 57 to 111, and it has established cooperative partnerships with more than 100 multilateral organizations and regional financial institutions.

Over these ten years, the AIIB has consistently funded future-oriented infrastructure, fueling regional as well as global integration. In doing so, it has sought to enhance wellbeing for people from its member economies and beyond, and to weave stability, openness, cooperation and development into the international community.

In the decade to come, which keywords will define the AIIB? We shall wait and see.

China Mosaic

http://www.china.org.cn/video/node_7230027.htm

Keywords for AIIB’s first decade: multilateral cooperation, mutual connectivity, extensive consultation, and joint contribution

http://www.china.org.cn/video/2025-12/25/content_118246670.shtml

 

Leifras Notice regarding the conclusion of a commitment line agreement totaling 2.5 billion yen to diversify fund-raising channels and strengthen the financial base

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TOKYO, Dec. 25, 2025 /PRNewswire/ — Leifras Co., Ltd. (NASDAQ: LFS, Head Office: Shibuya-ku, Tokyo, Representative Director: Kiyotaka Ito, hereinafter referred to as “the Company”), which operates sports schools for children and supports the local expansion of club activities, is pleased to announce that it has entered into a commitment line agreement (hereinafter referred to as “this Agreement”) totaling 2.5 billion yen with Chikuho Bank, Ltd. (hereinafter referred to as “Chikuho Bank”) and Mizuho Bank, Ltd. (hereinafter referred to as “Mizuho Bank“) as arrangers and agents, respectively.

Purpose of this Agreement

Having listed on the NASDAQ market in the United States in October 2025, the Company will accelerate its global business expansion under its corporate philosophy of ” Changing and Designing Sports.”

This agreement was concluded with the aim of securing flexible financing methods and further strengthening the company’s financial base.

The establishment of a commitment line totaling 2.5 billion yen from multiple financial institutions, with Chikuho Bank, a leading regional bank in Kyushu, and Mizuho Bank, a megabank, as arrangers, serves as a testament to the high evaluation of our business foundation and financial soundness.

Commitment Line Overview 

1. Chikuho Bank Arrangement Project
Contract signing date: October 31, 2025
Arrangement amount: 1 billion yen
Arranger and agent: Chikuho Bank Ltd.
Lenders: Chikuho Bank, Ltd., SBI Shinsei Bank, Ltd.
Use of funds: Working capital

2. Mizuho Bank Arrangement Project
Contract signing date: November 19, 2025
Arrangement amount: 1.5 billion yen
Arranger and agent: Mizuho Bank, Ltd.
Lenders: Mizuho Bank, Ltd., Saga Bank, Ltd., Fukuoka Bank, Ltd., Resona Bank, Ltd.
Use of funds: Working capital

Future Plans

We will focus on expanding our school and social businesses. Furthermore, research into children’s non-cognitive abilities is actively progressing in Europe and the United States, and non-cognitive abilities are gaining more attention each year. In light of this situation, we are expanding our methods for developing children’s non-cognitive abilities, which we established in Japan, to overseas markets. By acquiring overseas children’s sports schools, we will promote the development of sports services globally and contribute to the development of non-cognitive abilities in children around the world.

Leifras Company Profile

Leifras Co., Ltd. is a social business company that sees its mission as resolving social issues through sports, based on its corporate philosophy of “Changing and designing sports.”

The number of members in our children’s sports school business has reached approximately 70,000, and we will continue to work hard to contribute to society through the sports business through club activity support, healthcare, and community collaboration projects.

Company name                 : Leifras Co., Ltd.
Listing market      : Nasdaq Capital Market
Ticker (US stock code): LFS
Headquarters                     : Ebisu Garden Place Tower 20th floor, 4-20-3 Ebisu, Shibuya-ku, Tokyo
Date of establishment        : August 28, 2001
Representative     : Representative Director Kiyotaka Ito
Capital                 : 784,666,480 yen (including capital reserve)
Business details    : Sports school business, event business, alliance business
                            Club activity support projects Community collaboration projects Healthcare projects
                            After-school day care service “LEIF” business
Website               : https://www.leifras.co.jp/
IR website            : https://ir.leifras.co.jp/jp/ 

 

Mongolia Launches World’s First 24/5 Blockchain-Based Securities Trading

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ULAANBAATAR, Mongolia, Dec. 25, 2025 /PRNewswire/ — Powered by blockchain technology developed by AND Global Group, Mongolia’s over-the-counter (OTC) securities market has officially transitioned to 24-hour continuous trading model, marking a historic milestone in global financial markets.

The blockchain trading system was successfully tested for 18 months in the Financial Regulatory Commission‘s sandbox environment before going live. It now enables continuous trading 24 hours a day, 5 days a week (24/5), with automated settlement completing transactions in under a minute.

The Financial Regulatory Commission originally announced the transition of the OTC market to blockchain technology on September 12, 2025, during the “Mongolia’s Capital Market Connectivity 2025″ international conference in Ulaanbaatar. Today’s launch of 24-hour trading operations represents the next phase of this transformation.

In the three months since the blockchain transition, secondary market trading activity has increased by 40 percent. This growth is attributed to the efficiency of instant, automated payment settlements, and market liquidity is expected to surge further under the newly launched 24/5 continuous trading schedule.

The Mongolian Association of Securities Dealers (MASD) manages the OTC market’s operations, while the underlying technology was developed and implemented by the Mongolian fintech firm AND Global Group through its subsidiary AND Denode. Payment settlement automation was achieved through a strategic collaboration with the Mongolian Central Securities Depository (MCSD).

By successfully integrating blockchain into securities trading, Mongolia is not only making its domestic capital market more efficient and secure but also contributing to the advancement of global financial innovation.

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