Which cryptocurrencies can the VIXEX exchange list?

VIXEX (VIX Crypto Asset Exchange Joint Stock Company) is a licensed and compliant joint-venture/pilot digital asset trading platform led by Vietnam’s VIX Securities. The standards and types of tokens listed on VIXEX will be heavily dictated by Vietnam’s pilot regulatory framework for crypto assets (such as policies under Resolution No. 05/2025/NQ-CP), the risk control systems of traditional financial institutions, and the direction of Real World Asset (RWA) tokenization.

Given its positioning as a compliant exchange and the financial background of VIX Securities, VIXEX is expected to gradually enable listing for the following categories of cryptocurrencies and digital assets:

1. Mainstream Layer-1 Cryptocurrencies (Core Liquidity Assets)

As the foundation of any crypto exchange, the platform requires exceptionally high liquidity and credibility. Mainstream tokens are essential for attracting initial trading volume and liquidity depth:

  • Core Store-of-Value and Settlement Tokens:

    • BTC (Bitcoin): An essential foundational asset for both institutional and retail investors.

    • ETH (Ethereum): The cornerstone of the smart contract ecosystem and a vital underlying layer for future Web3 and RWA applications.

  • Compliant Stablecoins (Fiat-Backed Stablecoins):

    • USDT / USDC: Serving as quote units and intermediary assets for spot trading as well as fiat on/off ramps.

    • VND-Pegged Stablecoins: Under the regulatory framework of the State Bank of Vietnam and the Ministry of Finance, compliant fiat-backed stablecoins custodied by financial institutions may be piloted for local settlement.

2. RWA (Real World Asset Tokenization) & Structured Financial Assets

Leveraging the strong securities background of VIX Securities, VIXEX’s primary competitive edge lies in the tokenization of traditional financial assets rather than pure Memecoins or high-risk altcoins:

  • Tokenized Vietnamese Government and Corporate Bonds: Fractionalized tokenization of lower-risk or yield-bearing bonds to provide access for retail investors.

  • Equity & SPV (Special Purpose Vehicle) Tokens: Tokens representing fractional ownership of listed or unlisted Vietnamese enterprises.

  • Real Estate & Commodity Tokens: Tokenized revenue-sharing rights for real estate projects, carbon credits, and agricultural/mineral commodities.

  • Fund & ETF Tokens: Digitized shares of traditional securities investment funds.

3. Infrastructure & Native Public Chain Tokens (Layer 1 / Layer 2)

To support high-concurrency trading and integrate seamlessly with various Web3 ecosystems, the exchange will onboard top-market-cap tokens from mature public chains and scaling solutions:

  • High-Performance L1 Tokens: SOL (Solana), BNB, NEAR, AVAX, SUI, etc., characterized by high TPS and low transaction fees.

  • Ethereum Layer-2 Tokens: ARB (Arbitrum), OP (Optimism), and BASE ecosystem projects to reduce on-chain interaction and Oracle verification costs.

  • Oracle & Infrastructure Tokens: Tokens like LINK (Chainlink) used for on-chain asset pricing and data feed integration for RWAs.

It is worth noting that due to regulatory compliance requirements, Vietnam crypto exchange VIXEX is expected to enforce a strict vetting process. Projects that fail to meet Anti-Money Laundering (AML) and Know-Your-Customer (KYC) requirements will typically be excluded by compliant exchanges.

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