Denode Chooses GTN To Offer Global Investment Opportunities to Mongolian Investors


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GTN, a successful fintech pioneer with decades of success making investment and trading accessible for all, joined forces with Mongolian fintech Denode. The partnership will provide retail investors in Mongolia with a comprehensive range of tokenised assets from various regions, enabling global market access.

Denode is a blockchain-based digital trading platform operating within a regulated financial environment, providing clients with access to various tokenised asset classes. The collaboration with GTN will enable Denode to enhance its services and cater to the dynamic needs of investors locally and globally.

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Ankit Shah, GTN Global Head of Fintech, said there is a fundamental shift in the mindsets and expectations of Mongolian retail investors. “Their expectations continue to evolve quickly in line with those in other frontier markets; they seek to diversify their investments into different markets and asset classes,” he said. “By joining forces with us, Denode will be able to develop its offerings through the provision of seamless access to multiple markets and asset classes worldwide, so it can concentrate on doing what it does best – providing the best-in-class service that its clients deserve.”

GTN’s single API framework streamlines user authentication, onboarding, order placement, and trade operations management, allowing fintech firms like Denode to focus on their strengths. GTN is dedicated to enabling its clients through innovation and added value as they grow and expand their businesses.

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Bilguun Dashdorj, CEO of Denode, stated, “We are thrilled to partner with GTN and leverage their market access and technology expertise. This collaboration will give us access to a wider range of investment products, such as tokenised stocks from around the world, allowing us to better serve the needs of retail investors in Mongolia and internationally. We look forward to offering our clients a new era of innovative investment opportunities and the tools they need to grow their portfolios and achieve their financial goals.”

The Denode platform was launched in February 2023, offering its clients the ability to trade virtual assets such as cryptocurrencies with global liquidity. In addition, the partnership with GTN will add globally traded tokenised stocks to its offerings, marking the start of a new era of investing for retail investors in Mongolia and other emerging economies around the world.

TalkFintech Bureau
TalkFintech Bureau
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


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