Danal Fintech and Covia Group Form Alliance to Tap into Uzbek Market

IconCryptoNewsTerminal Staff12 Aug, 2024

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Danal Fintech and Covia Group Form Alliance to Tap into Uzbek Market

Danal Fintech, a leading payment solutions provider, has entered into a strategic partnership with Covia Group, a blockchain service provider, to venture into the burgeoning Uzbek market. This partnership will enable Danal Fintech to explore a wide range of payment opportunities in Uzbekistan, capitalizing on Covia Group's well-established presence and expertise in the region. Under the terms of the Memorandum of Understanding (MOU), Danal Fintech will leverage Covia Group's virtual asset exchange in Uzbekistan, opening up the possibility of listing on the local exchange. This collaboration is a testament to Danal Fintech's commitment to expanding its global reach and embracing innovative technologies like blockchain. Covia Group, with its license to operate a virtual asset exchange in Uzbekistan, will provide Danal Fintech with valuable insights and support as it navigates the Uzbek market.