CAEX Joins Hands with Global Giants to Launch Digital Asset Exchange in Vietnam
As Vietnam accelerates its pilot program for a regulated digital asset market under Resolution No. 05/2025/NQ-CP, Vietnam Prosperity Crypto Assets Exchange Joint Stock Company (CAEX) is positioning itself as a top contender for the country’s first official exchange license. Backed by the financial ecosystem of VPBank, CAEX has recently secured strategic backing from global crypto heavyweights OKX Ventures and HashKey Capital to meet stringent regulatory capital and infrastructure thresholds.
Powerful Shareholders: TradFi Ecosystem Meets Web3 Industry Leaders
Founded in September 2025, CAEX is deeply integrated into Vietnam’s traditional banking ecosystem while leveraging premier international crypto expertise:
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Domestic Financial Powerhouses: CAEX was launched by key founding shareholders within the VPBank ecosystem, including VPBank Securities (VPBankS) and tech partner LynkiD. This backing provides the exchange with robust fiat-rail access, institutional governance, risk-management systems, and a massive local user base.
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Global Strategic Investors: CAEX secured strategic investments from OKX Ventures and HashKey Capital. Alongside domestic backers, these global institutions help fulfill the regulatory mandate requiring at least 65% institutional ownership while staying under the 49% foreign ownership limit. Furthermore, CAEX secured exclusive technology and compliance implementation rights from HashKey Digital Asset Group.
$383M Capital Milestone and Level 4 Security Standards
Under Government Resolution 05, prospective exchanges face exceptionally high barriers to entry before entering the pilot program:
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VND 10 Trillion Paid-in Capital: Led by Chairman and CEO Nguyen Hong Trung, CAEX completed a capital expansion to meet the required VND 10 trillion (approx. $383 million USD) charter capital threshold, fully funded in Vietnamese Dong.
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National Security Standards: CAEX’s technical architecture—developed alongside HashKey—is built to comply with Vietnam’s Level 4 Information System Security requirements, featuring Hardware Security Modules (HSM), strict hot/cold wallet segregation, and enterprise-grade anti-money laundering (AML/KYC) controls.
Focus on RWA Tokenization and Local VND Settlement
Unlike offshore exchanges reliant on foreign stablecoins, CAEX is tailored specifically to Vietnamese legal and macroeconomic policies:
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Direct VND Trading: All transactions on CAEX will settle directly in Vietnamese Dong (VND), maintaining alignment with national foreign exchange controls and mitigating cross-border capital flight risks.
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Real-World Asset (RWA) Integration: Aligned with government priorities, CAEX plans to support the tokenization of Vietnam’s real-economy assets—such as agricultural commodities (coffee, cashew, pepper), real estate, and infrastructure projects—allowing domestic enterprises to raise global capital transparently.
Industry Impact: A 6-Month Transition for Domestic Traders
With Vietnam’s enforcement framework under Decree No. 284/2026/ND-CP penalizing transactions on unauthorized platforms, regulators are establishing a clear pathway toward onshore compliance.
Once the Ministry of Finance issues the first exchange license—with CAEX among the leading contenders—domestic investors will be granted a six-month transition period to migrate their trading activities to official, regulated platforms. The operational debut of platforms like CAEX marks a historic shift for Vietnam, transitioning digital asset trading from a grey market into a legal, transparent, and institutionally backed ecosystem.（Vietnam Crypto Exchange）