On May 20, 2026, LPBank Securities Joint Stock Company (LPBS) and Sacom Cryptocurrency Exchange Joint Stock Company (SCEX) officially signed a strategic cooperation agreement, marking an important step in connecting the traditional financial market with the next-generation financial technology market in Vietnam.
Notably, as a strategic partner, LPBS demonstrates its long-term commitment to developing the decentralized digital finance market in Vietnam.
The cooperation agreement is built on leveraging the strengths of each party, aiming to create a comprehensive financial platform where customers can access a diverse range of asset classes – from securities and traditional financial products to cryptocurrencies – in a unified, transparent, and efficient experience. The focus of the collaboration is on developing integrated investment solutions, multi-platform asset management, and expanding access to new investment channels for both individual and institutional clients.
Mr. Hoang Viet Anh – General Director of LPBS, delivered a speech at the event.
Speaking at the signing ceremony, Mr. Hoang Viet Anh – General Director of LPBS – assessed: "The future of the financial industry lies in the deep integration between traditional finance and decentralized digital finance (DeFi). We believe that the development trend of real asset Tokenize (RWA) projects will be a strategic step to bring sustainable value to the market and contribute to building a more dynamic and inclusive digital economy, leaving a mark of the Vietnamese market on the world financial map."
With blockchain and digital assets gradually becoming an important component of the future financial system, the Government's issuance of Resolution No. 05/2025/NQ-CP on the pilot mechanism for the cryptocurrency market is XEM a major turning point for this sector in Vietnam. According to a report by Chainalysis, Vietnam is currently among the top 5 countries with the highest adoption of digital assets in the world and belongs to the group of fastest-growing cryptocurrency markets in Asia. The size of the crypto money flow in Vietnam in the 2024-2025 period is estimated to exceed US$220 billion, while there are approximately 17 million users interested in and owning digital assets thanks to a young population, high internet usage rate, and strong access to financial technology. Against this backdrop, in March 2026, SCEX became one of five enterprises assessed by the Ministry of Finance as having complete and valid dossiers for XEM for licensing to provide cryptocurrency trading market services. Alongside the brand repositioning process, SCEX is working to improve its Capital capacity, invest in technology and security, and prepare for its official entry into the digital asset market in Vietnam.
The agreement opens up opportunities for sustainable development cooperation, bringing tangible benefits to customers of both parties.
In its new development strategy, SCEX identifies three core elements: system security, data protection, and legal compliance. The company is investing heavily in blockchain technology infrastructure, risk management systems, operational control, and security solutions, including anti-money laundering measures, aiming for the highest operational governance standards in the digital asset market. Simultaneously, SCEX is focusing on developing its workforce in blockchain, information security, and operational control to perfect its systems for transparency, stability, and user-friendliness.
Established in 2009, LPBS is a securities company with impressive growth in Vietnam. Between 2023 and 2025, the company aims to become one of the top 10 securities companies in terms of market Capital , with total assets of nearly VND 30,000 billion and assets under management of approximately VND 57,000 billion. In 2025, the company is expected to experience strong growth in margin lending, proprietary trading, and Capital raising. LPBS has affirmed its reputable Capital raising brand in the market, building relationships with over 40 domestic and international banks and financial institutions, with a total credit limit exceeding VND 35,000 billion. At the 2026 Annual General Meeting, the company announced a plan to increase profits by 160% and launch an IPO in the second quarter of 2026 to enhance financial capacity, expand scale, and develop a modern technology-based service ecosystem.
Representatives from LPBS (left) and SCEX (right) exchange commemorative flowers, celebrating the successful signing of the comprehensive cooperation agreement.
The strategic partnership with SCEX is a crucial step in LPBS's development strategy in the digital finance sector, contributing to the completion of its investment product range for customers. It also serves as a foundation for both parties to contribute to a new development cycle of the financial market, as Vietnam aims to upgrade its market status and integrate internationally.
The cooperation agreement between LPBS and SCEX therefore not only opens up new development opportunities for both parties but is also expected to bring many practical values to investors, contributing to the formation of a modern, transparent, and sustainable financial market in Vietnam.
