The Founding History of VIXEX Crypto Exchange
The creation of VIXEX (VIX Asset Exchange Joint Stock Company) marks a key milestone in how traditional Vietnamese financial heavyweights are navigating compliant digital asset operations and pilot frameworks.
Background & Regulatory Opportunity
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Policy Impulse: The Vietnamese government rolled out digital asset pilot programs, incentivizing traditional financial institutions to step in. With over 17 million crypto users and an annual transaction volume exceeding $100 billion, high local demand accelerated institutional adoption.
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Lead Sponsor: Established primarily under the leadership of VIX Securities, a major listed brokerage in Vietnam.
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Competitive Landscape: Vietnam crypto exchange VIXEX emerged alongside other major institutional pilots, such as Techcombank’s TCEX, VPBankS-backed CAEX, and the joint initiative between MB Bank and Upbit.
Core Operations & Corporate Structure
| Feature | Details |
| Establishment Date | August 27, 2025 |
| Initial Charter Capital | VND 1 trillion |
| VIX Securities Investment | VND 150 billion (15% stake) |
| Primary Scope | Tech innovation, digital assets, and cryptocurrency exchange operations |
| Tech & Compliance Focus | Real World Asset (RWA) tokenization, hot/cold custody models, and oracle integration |
Key Milestones
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August 2025: Official business registration completed, solidifying its place among the first exchange initiatives backed by institutional securities capital under Vietnam’s regulatory sandbox framework.
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Shift to Institutional Compliance: VIXEX’s launch signaled Vietnam’s crypto transition from a fragmented, retail-driven gray market into a regulated landscape managed by established financial institutions.