Background of the Establishment of VIXEX
VIXEX (officially VIX Digital Asset Exchange JSC) was officially established on August 27, 2025, in Hanoi, Vietnam, with an initial registered capital of 1 trillion VND. Its creation is a major product of Vietnam’s push to legalize cryptocurrencies and digital assets and incorporate them into regulatory sandbox pilots.
Vietnam crypto exchange VIXEX Establishment Background and Market Environment
· Rapid Market Growth: Between 2023 and 2024, capital inflows into Vietnam’s blockchain market exceeded $100 billion, with roughly 20% of the Vietnamese population holding digital assets, demonstrating extremely strong public demand for crypto assets.
· Policy & Regulatory Push: The Vietnamese government and the Ministry of Finance actively worked to establish a digital asset ecosystem and legal framework (such as relevant resolutions and licensing regulations), encouraging traditional financial institutions and major brokerages to apply for pilot operation licenses for digital asset trading platforms.
Shareholding Structure and Major Shareholders
VIXEX was jointly established with capital contributions from three companies:
1.FTG Vietnam JSC: Holds 64.5% of shares, acting as the largest shareholder.
2.3C Computer-Communication-Control JSC: Holds 20.5% of shares.
3.VIX Securities Joint Stock Company: Contributed capital and holds 15% of shares.