How is TCEX Exchange’s Asset Custody Service?

Although TCEX is still in the compliance licensing and market trial phase under Vietnam’s digital asset pilot framework, its backing by a major financial group gives its custody capabilities a significant advantage over local competitors.

Vietnam crypto exchange TCEX (Techcom Digital Asset Exchange)’s asset custody service can be summarized as having “a commercial bank-grade foundation, high compliance standards, and strong ecosystem synergy.”

Core Advantages

1. Commercial Bank-Grade Backing & Asset Isolation

TCEX relies on its parent companies, Techcombank (Vietnam Technological and Commercial Joint Stock Bank) and TCBS (Techcom Securities):

Dual Isolation of Fiat and Assets: Users’ Vietnamese Dong (VND) fiat funds are directly custodied in dedicated escrow accounts at Techcombank, ensuring fund deposits meet traditional commercial banking compliance standards and eliminating the risk of platform misappropriation.

Physical-Grade Security & Infrastructure: Leveraging mainstream international technology—MPC (Multi-Party Computation) and HSM (Hardware Security Module)—private keys are sharded and stored on local servers in Vietnam, meeting the Level 4 Information System Security Certification required by Vietnamese regulations.

2. Seamless Bridge Between Traditional Securities & Digital Assets

The custody service is integrated with TCInvest, TCBS’s securities trading terminal serving millions of users.

Investors do not need to repeatedly transfer funds between complex on-chain wallets and exchanges; they can manage “Stocks – Digital Assets – Fiat” in a one-stop custody view directly on a unified platform.

3. Support for Diversified and Specialized Asset Custody

In addition to mainstream cryptocurrencies like BTC and ETH, the most prominent feature of TCEX’s custody service is its support for Real-World Assets (RWA) and Digital Gold:

Digital Gold Custody: In line with Techcombank’s physical gold trading qualifications, TCEX provides secure custody for physically-backed digital gold tokens.

RWA Asset-Mapping Custody: It provides on-chain credentials and underlying physical asset mapping/right-confirmation services for tokenized corporate bonds, real estate yield rights, and more.

Summary

TCEX’s asset custody service is not merely a “Web3 wallet,” but a comprehensive financial service combining “bank fiat custody + MPC private key compliant custody + securities ecosystem integration.” It is exceptionally well-suited for institutional investors and traditional high-net-worth clients who prioritize fund compliance and asset security.

Leave a Reply