Bithumb plans to enter Vietnam through a partnership with SSID.

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Bithumb has signed a memorandum of Mnemonics with SSI Digital to jointly develop a digital asset exchange in Vietnam.

This agreement includes cooperation on wallet and custody systems, security, risk management, compliance, and product development. Bithumb may also XEM a strategic investment in SSID's upcoming exchange if approved by local regulators.

No further details are currently available regarding the timing or scale of the collaboration. This plan remains subject to regulatory approval processes in Vietnam.

This move indicates that Bithumb and SSID are aiming to build a digital asset trading infrastructure in the Vietnamese market. However, the specific terms of the deal have not been disclosed.

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