CAEX – a business within VPBank's ecosystem – is registering to participate in the pilot program for a cryptocurrency exchange and plans to increase its charter Capital to VND 10,000 billion.
CAEX completes its application to participate in the pilot program.
Vietnam Thinh Vuong Crypto Asset Exchange Joint Stock Company announced that it has completed all preparations to participate in the pilot program for providing crypto asset exchange services according to Resolution 05/2025/NQ-CP.
At the same time, the company is finalizing procedures to increase its charter Capital to VND 10,000 billion. This is the minimum amount required for a digital asset trading platform operator.
According to current regulations:
At least 35% of the charter Capital must be held by a minimum of two organizations.
These organizations fall into the following categories: banking, securities firms, fund management, insurance, or technology.
Shareholder and partner structure
CAEX aims to build a cryptocurrency trading platform that meets professional standards.
Shareholders include members of the VPBank ecosystem such as:
VPBank Securities (VPBankS)
LynkiD
The company also stated that it has signed cooperation agreements with international partners in the following areas:
Floor operating technology
Provide liquidation
Asset custody services
Formation process and implementation plan
CAEX was established last September with an initial charter Capital of 25 billion VND. LynkiD holds 50% of the Capital.
Mr. Nguyen Hong Trung – Chairman of the Board of Directors and General Director – stated that the company has completed the following:
Technical infrastructure
Staff
International cooperation framework
The company focuses on system security, data protection, and optimizing the user experience. The platform will be deployed once legal requirements are met.
A wave of participation from the financial sector.
Following the issuance of Resolution 05/2025/NQ-CP, many financial institutions quickly joined in.
Several entities have been identified as participating in the establishment or contributing Capital to the legal entity operating the digital asset exchange, including:
Techcom Securities (TCBS)
SSI Securities
MB Bank
HD Securities
VIX Securities
HVA Investment Joint Stock Company
This move indicates that traditional financial institutions are expanding into the cryptocurrency sector, rather than remaining on the sidelines as before.
