CAEX Exchange: Key Highlights of Vietnam’s Heavily Backed Crypto Platform
What’s noteworthy about VPBank’s first cryptocurrency exchange in Vietnam to reach 10 trillion VND in capital? CAEX – The first cryptocurrency exchange in Vietnam to reach 10 trillion VND in capital, owned by VPBank.The preparation of strong financial resources, along with internationally standardized technical infrastructure, gives this unit an advantage in the race to obtain the official operating license for the exchange.
Learn about the origins and financial resources of the CAEX exchange.
The cryptocurrency market in Vietnam is witnessing historic transformations as legal frameworks are gradually taking shape. In this context, Vietnam Prosperity Cryptocurrency Exchange Joint Stock Company, abbreviated as CAEX, is emerging as a pioneering organization. Established in September 2025, this entity aims to capitalize on the wave of digital asset pilot programs under new government resolutions.
Despite its initial charter capital of only 25 billion VND, the ownership structure of this entity brings together influential names in the financial industry. Specifically, LynkiD holds 50% of the shares, along with the participation of Future Land and VPBank Securities Company.
In order to meet the stringent standards for becoming an official exchange, CAEX is implementing a plan to increase its capital to VND 10,000 billion. This is a foundational figure that will help the organization affirm its financial capacity and prepare to apply for a license to operate in the domestic market.
International cooperation strategy combined with modern technology platform.
Besides strong capital resources, technical infrastructure is also a factor that CAEX pays special attention to. Under the leadership of an experienced management team, Mr. Nguyen Hong Trung, Chairman and CEO of CAEX, affirmed that the company is ready in terms of technological infrastructure, expert team, and international cooperation framework to deploy immediately upon receiving the license.
Partnering with foreign entities not only helps the exchange obtain globally certified security systems but also ensures stability when serving a large number of users.
Support from international experts helped the unit shorten the completion time, streamline operations, and effectively address liquidity issues. According to experts, building a trading platform is not as difficult as maintaining absolute security for clients’ assets. Therefore, thorough technological preparation is considered key to CAEX confidently entering the challenging pilot phase ahead.
The competition among leading financial institutions in Vietnam.
As of Q1 2026, the market is witnessing an extremely fierce race with 7 applications for cryptocurrency exchange operating licenses. However, according to current regulations, the regulatory authority is expected to grant a maximum of only 5 licenses in the first phase. This creates immense pressure, as at least 2 entities will likely not be able to proceed in this review round.
CAEX’s direct competitors are all organizations with extensive ecosystems, such as TCEX from the Techcombank group, or LPEX from LPBank. In addition, there’s SSI Digital, with its advantageous partnerships with technology giants, and other large-capitalization entities like Vimexchange . The intensity of this competition reflects the expectations of businesses for transparency in Vietnam’s digital asset market.
Key changes users need to be aware of when investing.
The emergence of licensed domestic exchanges will bring direct changes to the investor community. It’s worth noting that while international exchanges like Binance and OKX are still in normal use, regulatory sanctions may be implemented six months after the first domestic exchange officially launches. However, people will still have the right to legally own assets in personal wallets or cold wallets.
Another major change lies in the transaction method, where users are now required to use Vietnamese Dong instead of the previously common stablecoins. Regarding tax obligations, from July 1, 2026, the new regulations will officially come into effect with a tax rate of 0.1% on the value of each transfer transaction . The rise of entities like CAEX not only opens up a safer playing field but also requires investors to enhance their awareness of legal compliance in the new era of digital assets.（Vietnam Crypto Exchange）