Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX) has announced a significant step forward in securing investment agreements with prominent players in the crypto market, OKX Ventures and HashKey Capital. This partnership will be crucial in helping CAEX meet the Vietnamese government’s minimum capital requirement of VND10 trillion, approximately $380 million.
In an official statement released on Friday, CAEX detailed that the funds from OKX Ventures and HashKey Capital will enable it to participate in Vietnam’s pilot program for regulated crypto asset trading, which is part of the Government’s initiative outlined in Resolution 05/2025/NQ-CP. This program is pivotal to establishing a regulated framework for crypto trading in the country.
The collaboration marks the entry of OKX Ventures and HashKey Capital as strategic partners, joining existing shareholders VPBank Securities (VPBankS) and LynkiD. The completion of the capital contribution is anticipated by April. This partnership integrates domestic financial and technological strengths with international expertise in the cryptocurrency sector.
As part of their role, OKX Ventures and HashKey Capital will aid CAEX in building technical infrastructure, ensuring compliance, managing risks, and establishing liquidity connectivity in accordance with regulatory standards. Meanwhile, VPBankS remains a significant founding shareholder, providing essential financial resources, governance oversight, and investment insights. LynkiD, also part of the VPBank ecosystem, will enhance CAEX’s offerings by contributing to digital identity management, user experience, and core platform foundation.
According to CAEX’s registration on Vietnam’s National Business Registration Portal, the exchange began with an initial charter capital of VND25 billion upon its establishment in September 2025. Leadership at CAEX has expressed optimism that this cooperation will align the exchange’s operations with international standards.
The partnership emerges at a time when Vietnam is witnessing a burgeoning digital asset market and an evolving regulatory landscape. The Vietnamese government’s resolution in September 2025 to pilot cryptocurrency exchanges for a five-year period has attracted considerable interest, with about ten companies looking to participate. Established financial institutions, including notable banks like Techcombank, VPBank, LPBank, and securities firms such as VIX Securities and Sun Group, are also entering this nascent market.
The expanding network of partnerships and regulatory support suggests that Vietnam is poised for a robust growth trajectory in its digital asset sector. Meanwhile, Binance is actively seeking a General Manager in Vietnam, reflecting the increasing competitive landscape in the region’s cryptocurrency space.
