CAEX has received significant support from OKX Ventures and HashKey Capital as it prepares to enter Vietnam’s strictly regulated digital asset market.
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- CAEX has secured new backing from OKX Ventures and HashKey Capital to help meet the 10 trillion dong capital requirement for an upcoming pilot cryptocurrency exchange in Vietnam.
- The Vietnamese government plans to limit the five-year pilot program to just five licensed entities while maintaining strict limits on foreign ownership and institutional capital.
According to April 10 press releaseThe two companies join VPBank Securities and LynkiD as shareholders in the platform, which operates within the ecosystem of VPBank, one of the country’s largest private lenders.
This capital injection is designed to help CAEX meet its charter capital requirement of 10 trillion dong (about US$380 million). Reaching this financial threshold is a prerequisite for any company hoping to obtain one of the few licenses available under the government’s new pilot programme.
CAEX will use the new investment from OKX Ventures and HashKey Capital to comply with the 10 trillion dong minimum charter capital requirement that requires all companies participating in the pilot to maintain significant financial reserves to operate legally in Vietnam.
The exchange confirmed that it is now in the final stages of finalizing its capital base of 10 trillion dong to meet the January beta benchmarks.
“We believe that the future of cryptocurrencies will be built on local, regulated platforms that users can trust and CAEX represents this future in Vietnam,” noted OKX founder and CEO Star Xu in a recent article. Blog post Regarding partnership.
The Vietnamese Ministry of Finance and the State Securities Commission are currently implementing a five-year testing phase for the industry. However, the entry window is narrow. Only five companies will be allowed to operate exchanges during this period, with the licensing process officially starting on January 20.
The regulatory framework imposes significant restrictions on how these companies can be structured. Foreign investors may not own more than 49% of the stock exchange, and at least 65% of the total capital must come from institutional shareholders. These high barriers are intended to ensure that only well-capitalized professional entities enter the field.
Far from setting high entry costs, the government indicates cracking down on the informal market. Once official internal exchanges begin, the authorities may Block access to unlicensed international platforms. This policy shift makes local partnerships essential for foreign companies like OKX and HashKey to maintain a compliant presence in the country.
Increased adoption meets increased oversight
Chainalysis ranked Vietnam fourth globally in terms of cryptocurrency adoption in 2025. However, the market has suffered from significant fraud.
In March 2026, police Several individuals were detained Linked to ONUS platform. Investigators allege that the group used deceptive promotions and price manipulation to steal billions of dollars from investors.
By integrating with the VPBank network, CAEX is looking to position itself as a stable alternative to the offshore platforms that currently dominate the local scene. The company confirmed that it is now in the final stages of finalizing its capital base of 10 trillion dong to meet the January trial criteria.
