TCEX Post-Capital Increase Shareholding Structure (Latest)
As of November 2026, Vietnamese crypto-asset trading platform TCEX has officially completed its charter capital increase, bringing its total charter capital to VND 10 trillion (to meet the minimum capital entry threshold required for a crypto exchange license in Vietnam).
Current Latest Shareholding Structure (Post-Capital Increase)
Key Developments in This Round of Capital Increase
- Simultaneous Follow-on Investment by TCBS to Consolidate Strategic Stake: When TCEX was established in May 2025, founding shareholder TCBS initially held a 9.9% stake. On November 5, 2026, the Board of Directors of TCBS passed Resolution No. 010511/26/NQ-HĐQT-TCBS to purchase approximately 109.97 million (109,970,300) common shares of TCEX. This increased its total capital contribution in TCEX to VND 1.1 trillion, slightly raising and locking in its ownership stake at 11% (just crossing certain governance and strategic synergy thresholds while remaining compliant with regulatory limits on outbound investments by financial institutions).
- TokenBay’s Majority Control Driving Capital Compliance: To meet the mandatory VND 10 trillion paid-in/charter capital threshold set by Vietnam’s Ministry of Finance and the State Bank of Vietnam for digital asset trading platforms, TokenBay—a domestic institution holding an independent credit rating—contributed the vast majority of the capital injection, becoming TCEX’s largest shareholder with an absolute controlling stake of 88.9% post-increase.
- Core Compliance Objective of the Capital Increase: Raising its capital to VND 10 trillion is a critical step for TCEX in its push to secure one of Vietnam’s first legal crypto-asset exchange licenses in 2026. Prior to this, TCEX passed the first round of application document review by the Ministry of Finance in May 2026 and received a corresponding official dispatch advancing its application from the Department of Cybersecurity and High-Tech Crime Prevention (A05) under the Ministry of Public Security in late October.
Vietnam crypto exchange TCEX stated that this capital increase represents a crucial step in the company’s licensing process in 2026.
Next, TCEX will conduct a capital contribution audit, refine its operational procedures, and submit its second-round application dossier in accordance with regulations.