Crypto Exchange SCEX Surges Capital to VND 5,000 Billion
As Vietnam moves toward standardizing regulatory frameworks for digital assets, ownership changes and capital expansions among domestic trading platforms are drawing significant market attention. Sacom Digital Asset Exchange Joint Stock Company (SCEX) has announced a major capital surge, dramatically increasing its capital base while consolidating its leadership and backing ecosystem.
1. Capital Surges Nearly 14-Fold
According to recently updated business registration records, SCEX has increased its charter capital from VND 360 billion to VND 5,000 billion (approximately USD 200 million), representing an almost 14-fold surge in capital scale.
Compared to its initial capital foundation upon launch, this expansion marks a major shift in operational capacity. The surge equips SCEX with substantial reserves to expand technical infrastructure, enhance security architecture, and prepare for institutional-grade market expansion.
2. Governance Restructuring & Backing Ecosystem
Alongside the capital injection, SCEX completed a restructuring of its executive leadership and corporate hierarchy:
Executive Leadership: Public records confirm Mr. Nguyen Xuan Thai (son of prominent business leader Mr. Nguyen Duc Thuy) holds the executive role of Vice President.
Business Positioning: SCEX focuses on building a secure, professional digital asset platform aimed at delivering blockchain-based financial technology services compliant with domestic guidelines and international standards.
3. Sandbox Participation & Market Competition
The capital expansion arrives as Vietnamese authorities review operational parameters for a regulatory sandbox dedicated to crypto and digital assets:
Regulatory Application: SCEX is among the domestic entities submitting documentation for initial regulatory and technical assessments.
Product Rollout: The platform is accelerating testing phases for its user interface and core feature sets, aiming to lower access barriers for retail and institutional investors while prioritizing operational safety.
4. Industry Outlook
With domestic capital entering digital asset infrastructure, Vietnam’s crypto ecosystem is shifting from fragmented market activity toward a high-capital, tech-driven, and compliance-oriented landscape. SCEX’s capital surge underscores long-term domestic confidence in digital asset infrastructure as regulatory frameworks mature.（Vietnam Crypto Exchange）