OKX Ventures and HashKey Capital have officially announced their joint investment in Vietnam Prosperity Crypto Asset Exchange (CAEX), marking a significant step in enhancing the cryptocurrency landscape in Vietnam. This collaboration positions both firms as strategic partners and founding shareholders in CAEX, along with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and LynkiD, setting the stage for a transformative approach to crypto asset trading in the region.
The primary objective of this partnership is to combine Vietnamese financial and technological acumen with global cryptocurrency expertise, thereby facilitating CAEX’s growth and ensuring regulatory compliance. In April, OKX Ventures and HashKey are expected to provide necessary funding to CAEX, helping the exchange meet the minimum capital requirement of VND 10 trillion, which is essential to participate in Vietnam’s pilot program for managed crypto asset trading, as outlined in Government Resolution No. 05/2025/NQ-CP.
As part of their strategic involvement, HashKey Global and OKX Ventures will aid CAEX in developing a robust technical infrastructure. This encompasses crucial components such as security systems, compliance protocols, and risk management frameworks, all designed to promote seamless liquidity connectivity while adhering to existing laws and regulations.
VPBank Securities, integral to the Vietnam Prosperity Joint Stock Commercial Bank ecosystem, is also a founding investor and plays a vital role in CAEX’s financial governance and investment strategies. This partnership aims to streamline the exchange’s growth trajectory and refine its operational efficacy.
Further support comes from LynkiD, a technology partner within VPBank’s ecosystem, specializing in enhancing digital identity, user experience, and operational infrastructure. These elements are pivotal for delivering a fast, secure, and efficient trading environment for users.
Nguyen Hong Trung, Chairman and CEO of CAEX, expressed optimism regarding this collaboration, stating, “We believe the cooperation with OKX Ventures and HashKey will enable CAEX to access and operate a crypto asset trading platform in line with international standards. We are committed to building a transparent, secure, and accessible exchange that offers every investor the opportunity to engage in the dynamic world of digital assets.”
Adding to this sentiment, Netero Dai, Vice President of OKX Global Markets, highlighted Vietnam’s burgeoning market for digital assets. He remarked, “Vietnam is one of the most dynamic markets for digital assets, with strong user adoption and a clear move toward a regulated framework. Our partnership with CAEX reflects our mission to create a safe, trusted environment for people to transact with crypto.”
With the establishment of CAEX, the aim is clear: to become a leading platform for crypto trading that opens compliant and modern investment avenues for Vietnamese investors. This venture is set to enhance the financial landscape within the broader VPBank ecosystem, facilitating customers in navigating a diverse array of financial opportunities.
HashKey Exchange BG CEO Haiyang Ru emphasized the vibrant potential of the Vietnamese market, stating, “These conditions create a perfect environment for the next generation of fully licensed crypto asset enterprises. We are honored to partner with CAEX to share our long-term vision of transparency, sustainability, and market-wide trust.”
In summary, the partnership among OKX Ventures, HashKey Capital, VPBank, and LynkiD marks a significant milestone for CAEX and the Vietnamese digital asset market. The collaboration is poised to ensure a secure, compliant, and progressive trading environment, paving the way for sustained growth and innovation in the sector.
