OKX Capital in CAEX: the crypto game in Vietnam is heating up!

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On April 10th, OKX Ventures announced a strategic investment in Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX). According to the company, OKX Ventures is participating as a strategic partner alongside Vietnamese founding shareholders VPBank Securities and LynkiD . Hashkey Capital also participated in the investment.

The planned Capital contribution, to be made in April along with other shareholders, aims to help CAEX meet the minimum Capital requirement of VND 10 trillion (approximately USD 380 million) to participate in the Vietnamese government's pilot program on controlled digital asset trading.

According to stakeholders, CAEX is oriented towards combining local capabilities with international experience. Partners stated they will support the development of infrastructure, compliance, security, risk management, and liquidation, with the goal of expanding operations in line with the evolving legal framework in Vietnam.

Representatives from OKX Ventures stated that the firm's strategy in recent years has focused on working with regulators in multiple markets. The company has registered and obtained licenses in several regions, including registering as a money services business in the US and operating licensed entities in Europe, where regulatory frameworks such as MiCA are in place for cross-border digital asset services.

In 2026, OKX continued to expand its operations by receiving a payment organization license in Malta, allowing it to provide digital asset payment services within the European Union under the MiCA and PSD2 frameworks.

Furthermore, the company also stated that it has been working with regulators in markets such as Singapore and Dubai to build local compliance platforms. According to OKX Ventures, long-term growth in the digital asset sector is tied to regulatory compliance rather than avoidance.

Regarding its operational systems, the company stated that it has invested in anti-money laundering (AML), customer verification (KYC), internal controls, and risk management processes to meet increasingly stringent legal requirements.

The investment in CAEX is believed to reflect a general market trend, as liquidation is gradually shifting towards licensed platforms. According to the company, trading activity on compliant platforms has increased rapidly recently, as users prioritize transparency and security.

It is projected that by 2030, many Southeast Asian countries may have completed their legal frameworks and licensing mechanisms for digital asset businesses. This region is currently XEM one of the major sources of liquidation for the global cryptocurrency market.

The participating parties believe that the next phase will focus on bringing trading activities into regulated environments. In this context, CAEX is positioned as one of the platforms moving towards a compliant operating model in Vietnam.

OKX Ventures stated that it will continue to focus its investments on digital asset infrastructure platforms in Southeast Asia, with a focus on developing systems that meet compliance requirements and have the capacity to serve large-scale operations.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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