Did TCBS Securities participate in the investment in TCEX Crypto Exchange?
TCBS (Techcom Securities) and TCEX (Techcom Crypto Exchange / Digital Asset Exchange) both belong to the financial and digital technology ecosystem under Techcombank (TCB), a major private bank in Vietnam. TCEX leverages the capital, technology, and compliance resources of TCBS and Techcombank for its compliance applications and infrastructure construction.
TCBS (Techcom Securities) directly participated in the investment in TCEX (Techcom Digital Asset Exchange).
Specific details regarding their shareholding structure and executive alignment are as follows:
1. Shareholding Structure When TCEX (Techcom Digital Asset Exchange Joint Stock Company) was established, its initial registered capital was 3 billion VND (approximately USD 114,000), structured as follows:
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TCBS Securities directly holds 9.9% as an institutional strategic investor.
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Techcom Capital (Techcom Capital Management JSC) holds 1.1%.
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Nguyen Xuan Minh, Chairman of TCBS, personally holds 89% of the shares and serves concurrently as CEO and legal representative of TCEX（Vietnam crypto exchange）.
2. Business and Technical Synergies
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Shared Systems and Compliance: TCBS and TCEX share the underlying technical infrastructure and risk control frameworks of the Techcombank ecosystem. TCBS provides financial and compliance support for TCEX in building its digital asset custody, cryptocurrency trading, and physical/digital gold (T-Gold) platforms.
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Regulatory Pilot Applications: Following the release of Vietnam’s Resolution No. 05/2025/NQ-CP regarding the crypto asset pilot framework, TCBS and TCEX jointly submitted an application to the Ministry of Finance and regulatory authorities for a digital asset trading license, making them among the first batch of institutions to enter the preliminary approval list.
Together, TCBS Securities and TCEX Crypto Exchange form Techcombank’s full-spectrum wealth management matrix spanning traditional finance and Web3 digital finance.