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Shuttered Russian Crypto Exchange Garantex Rebrands as Grinex, Global Ledger Finds

The Swiss blockchain analytics firm said it found a trove of off and on-chain data to suggest Grinex is a direct successor to Garantex.

By Cheyenne Ligon|Edited by Nikhilesh De

Updated Mar 24, 2025, 7:59 p.m. Published Mar 24, 2025, 3:46 p.m.

Moscow's International Business Center, where Federation Tower is located. Garantex and a host of other non-compliant Russian exchanges operate out of Federation Tower. (Getty Images/ValerijaP)