About The Project

ArdCoin (ARDX) - is an innovative blockchain-based loyalty program that has been integrated into a mobile super wallet which is backed by an existing financial infrastructure which includes banking services, insurance provider, stock brokerage, investment banking and a pension fund.
Ard App offers e-commerce on top of financial services and is supported by a nationwide network of postal branches. Ard Financial Group (Ard Holdings) is the second largest investor in Mongol Post alongside the Mongolian Government. ArdCoin will serve as a blockchain-based loyalty program for all existing and future services offered by Ard Financial Group and its subsidiaries.

Ard Bit is a 100 percent subsidiary of Ard Holdings, which is listed on the Mongolian Stock Exchange (AARD). ArdCoin can be found on etherscan.io under the ticker ARDX, and is listed on its native Digital Assets Exchange (dax.mn), STEX, and Mongolia’s first crypto exchange trade.mn from April 2019. All and any proceeds from the sale of ArdCoins by Ard Bit are intended to be directed towards the provision of reserves and liquidity for ArdCoins. These reserves will be managed by Ard Holdings.

ArdCoin offers a unique investment opportunity in the blockchain space – it is a token backed by a well-run, publicly listed and regulated financial services conglomerate operating in a crypto-neutral environment.

ERC-20 + Binance Smart Chain + DeFi
ArdCoin was issued on ERC-20 smart contract platform in January 2019. ICT Group was behind its development and Grape City Mongolia, country’s leading banking solutions provider, oversaw its integration with Ard Digital Banking App.

Ard DFS will be a DeFi brokerage service operated on different blockchains such as Ethereum, BinanceSmartChain, Solana - (Ard DFS multichain protocol) within the multichain Decentralized Exchange with AMM ecosystem. These are permissionless, inexpensive, and scalable protocols that democratize borrowing, lending, and trading with leverage, allowing you to make the most of your money.

WHITEPAPER         Trade Now


Ard Bit LLC is a fully owned subsidiary of Ard Financial Group. Ard is a diversified financial service holding company with the overarching goal of increasing its shareholders’ equity through investing in and developing leading financial services and technology companies. Their investment portfolio consists of companies such as Ard Insurance, Ard Credit, Ard Securities, Ard Life, Ard Assets, Ard Management, Ard Bit, TenGer Systems, MEC Partners (ardshop.mn), Mongol Post, Ard Holdings International, Ard Leasing, Ard Properties and Ard Realty. Ard App, Ard Fintech, ArdCoin, ArdCash, CryptoNation, Ard Digital Bazaar and Digital Assets Exchange are proprietary digital products based on artificial intelligence and blockchain technology.

More about Ard Financial Group
Companies in Ard Financial Group’s portfolio that are also listed on the Mongolian Stock Exchange:

  • MSE: AARD (03260) Ard Financial Group
  • MSE: AIC (05480) Ard Insurance
  • MSE: ADB (05509) Ard Credit
  • MSE: MNP (05412) Mongol Post
  • MSE: XOC (4001) National Privatization Fund
  • MSE: BUN (03089) Bulgan Undarga



to Fiat

Money and
Capital Markets



Unique investment


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  • 2005

    EIT, an employee investment fund, was established
    by XacBank founder

  • 2007

    Established MTND, first private pension
    fund in Mongolia.

  • 2013

    EIT changed its strategy and branding, becoming
    Ard Financial Group, and invested
    in Ard Insurance and Ard Credit.

  • 2016

    Started crowdfunding campaign – Investor Nation.
    Invested in Mongol Post through its privatization

  • 2018

    Ard Insurance IPO and Ard Credit IPO on MSE.
    Digital Bank Launch.

  • 2019

    Ard Financial Group becomes a Publicly Traded
    company on MSE

  • 2019

    Listed on CoinMartketCap; Trading on STEX

  • 2020

    Number of ARDX Holders reached 200k.
    Launched its native Digital Assets Exchange (dax.mn)

  • 2021

    Number of ARDX Holders reached 700k.
    Regulatory Sandbox. Trading on Bittrex Global

(Road Map)

  • ArdCoin


    ArdCoin Concept


    ERC20 token (ArdX)


    Listed on Trade.mn


    Number of ARDX users
    reached +100k

  • ArdCoin


    Trading on BTCEXA


    Trading on STEX


    Listed on
    Blockfolio, CoinGecko


    Listed on CoinMarketCap

  • ArdCoin


    Number of ARDX Holders reached 200k.

    Launched its native Digital Assets Exchange (dax.mn)


    Number of ARDX Holders reached
    700k.Regulatory Sandbox.

    Trading on Bittrex Global.
    Launch of Ard DeFi Services (DFS).

    2021 2Q

    DEX Listing (UniSwap, SushiSwap, and PancakeSwap)

    DeFi platform Launch

    2021 2Q

    Multichain bridge to BSC and Solana

Target loyalty distribution and bounty program

Total Supply


Corporate Clients


Retail Clients





The issued loyalty will be distributed as follows:

Download WhitePaper

Core Team

Ganhuyag Ch. Hutagt

Ard Financial Group
  • Founder of XacBank and TenGer Financial Group
  • Former Vice Minister of Finance
  • Founder of first NBFI in Mongolia
  • 25+ years of experience in banking and capital markets

Suhdorj Avir

Grape City Mongolia,
Most Money Fintech
  • Founder and CEO, Most Fintech
  • 20+ years of experience in core banking system
  • 10+ years of experience in payment gateway

Ganzorig Chuluun

Ard Credit
  • Founder of Aravt Bit
  • 10+ years of experience in banking and finance

Zolboo Batbileg

Ard Financial Group
  • Extensive knowledge in financial analysis and portfolio management
  • 7+ years of experience in investment banking

Chadraabal Davaanyam

Ard Bit
  • 5+ years of experience in financial sector
  • 4+ years of experience in cryptocurrency markets

Myagmarjav Ganzorig

Ard Bit
  • 4+ years of experience in financial sector
  • 4+ years of experience in cryptocurrency markets


Ard Bit
  • Founder, Pyrexchange Cryptocurrency Exchange
  • Founder, CreativeReality LLP
  • 8+ years of experience in IT
  • 5+ years experience in Blockchain Technology


Arnaud Ventura

BaoBab, MicroCred, PlanetFinance
  • Built multinational financial institution with over 1 million customers
  • 15 years of experience in microfinance and international development

Michael Madden

Ronoc, Teneo Capital, XacBank, Renaissance Capital
  • Active involvement in the financial services business in emerging markets for 20 years
  • Launched first retail financial services JV with IKEA - IKANO
  • Has inventive business intelligence and ability to engage with international partners and cross-cultural teams

Mikhail Zeldovich

Cocoon Capital Partners
  • 20+ years of experience in investment, commodities trading and Board directorship experience in the emerging markets.
  • Active involvement in the natural resources, logistics/transport, financial services/fintech, cyber-security, and ag tech sectors.

Naranzun Badruugan

CEO, Leto Music Company
  • Non-staff Advisor to the Capital City Governor’s Culture
  • Social Entrepreneur
  • Gold Polar Star is awarded

Latest News

October 14, 2021


ArdShop(E-commerce platform) AfterPay, a service to collateralize ArdCoin holding to offer unparalleled purchase opportunities

read more

Frequently Asked Question

Contact Us

2nd floor of "Ard Holdings" Building, Prime Minister A. Amar's Str., Sukhbaatar District, Ulaanbaatar 14200, Mongolia

W3W: powerful.gains.animates

+976 77078080, +976 77078282, +976 77003322