Bybit has officially become a member of the International Finance Centre in Da Nang, marking a significant step in Da Nang's efforts to build a regional financial and fintech hub. This information was recently announced by the Da Nang People's Committee as part of its investment promotion and international financial ecosystem development activities in the city.
According to official announcements, the Da Nang International Finance Center has welcomed numerous domestic and international organizations as members, including Bybit Technology Vietnam – the representative of the Bybit digital asset exchange in Vietnam. Also participating are many notable names in the fields of finance, investment, fintech, and law, such as Makara Capital Vietnam Holdings, APEX Vietnam IFC Services, DTC Pay Vietnam, Valverde Investment Partners, 9Pay, Da Nang Fintech Lab, SIGLAW IFC, Verichains Solutions, and Vietnam Foreign Trade Commercial Bank (Vietcombank). The participation of these organizations is expected to create a diverse platform, connecting traditional finance with new financial and technology models.
Alongside the announcement of its membership list, Da Nang also signed more than 20 Mnemonics of cooperation with a number of major international financial organizations and institutions. Notably, these include familiar names in the blockchain and digital asset sector such as Binance, Tether , and Bybit, alongside global financial partners such as Abu Dhabi Global Market, APEX Group, the Swiss Fintech Association, Frankfurt Main Finance, and many other financial services organizations. These cooperation agreements focus on Chia experiences, attracting investment, developing financial infrastructure, and training high-quality human resources.
The simultaneous presence of Bybit and many other international organizations at the Da Nang International Finance Centre comes as the city is accelerating its strategy to become a hub connecting Capital flows in the Asia-Pacific region. Da Nang identifies science and technology, digital transformation, fintech, and international finance as new growth pillars, complementing its traditional strengths in tourism and services. Recently, the city has also continuously implemented initiatives to pilot sandbox models for fintech, blockchain, and digital payments, creating a flexible legal environment to attract fintech businesses.
For Bybit, joining the International Financial Centre in Da Nang demonstrates a strategy to expand its presence in Southeast Asia and strengthen cooperation with regulatory bodies, traditional financial institutions, and the local fintech ecosystem. Previously, many large global digital asset exchanges had shown interest in the Vietnamese market due to its large user base, rapid digital transformation, and young technology workforce.
