The Timeline for VIXEX’s Capital Increase to 1,000 Billion VND Remains Unclear

The timeline for VIXEX to increase its registered capital to 1,000 billion VND is indeed currently unclear. The company’s registered capital remains at 100 billion VND, leaving a 900 billion VND gap to meet the licensing threshold, and no official completion deadline has been announced.

VIXEX’s Current Capital Status

  • Existing Registered Capital: Established in August 2025, VIXEX has a registered capital of 100 billion VND. Its shareholders include FTG Vietnam (64.5%), VIX Securities (15%), and 3C Company (20.5%).

  • Licensing Threshold: According to Vietnam’s Resolution No. 05/2025/NQ-CP, the pilot program for crypto exchanges requires a minimum registered capital of 1,000 billion VND; VIXEX has currently fulfilled only 10% of this requirement.

Known Capital Increase Developments for VIXEX

  • VIX Securities’ Capital Injection Plan: The Board of Directors of VIX Securities has approved allocating 100 billion VND from the proceeds of a stock offering (totaling approximately 1,102.6 billion VND) to make an additional investment in VIXEX. This will bring its cumulative contribution to VIXEX to 200 billion VND. However, this injection is expected to be completed in the second quarter of 2026, and “there is no disclosed confirmation that this capital contribution has actually taken place.”

  • Lack of a Timeline: Even if the aforementioned 100 billion VND is in place, Vietnam crypto exchange VIXEX will still need to raise another 800 billion VND to reach the 1,000 billion threshold. As of September 2026, no official information has specified the sources or completion timeline for the remaining funds.

Leave a Reply