ADVERTISEMENT

Events

IAMTN Annual Summit 2026
14 Oct 26
London
Money20/20 USA 2026
18 Oct 26
Las Vegas

OKX Ventures Backs Vietnam Crypto Exchange CAEX in Regulatory Push

OKX Ventures has announced a strategic investment in Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX), joining founding shareholders VPBankS and LynkiD, as well as HashKey Capital.

The investment will support CAEX’s participation in Vietnam’s government-backed pilot program for regulated crypto trading, which requires a minimum capital threshold of VND 10 trillion (approximately $380 million). The funding round is expected to be completed in April.

Vietnam is becoming a major crypto market, with high retail adoption and new 2026 regulations that officially recognize digital assets as property. The government is moving from an unregulated “gray zone” to a structured system, including a pilot program for local exchanges. While foreign platforms still dominate, Vietnam is pushing for domestic, compliant exchanges. The market is shifting toward a more regulated, institution-friendly environment, despite ongoing limitations such as crypto not being accepted as legal payment.

Capital injection targets regulated market entry

CAEX aims to position itself as a compliant digital asset trading platform within Vietnam’s emerging regulatory framework. The exchange plans to leverage both local expertise and international infrastructure to meet operational and compliance standards required under the pilot program.

OKX Ventures and its partners are expected to contribute across key areas, including security, risk management, liquidity provision, and trading infrastructure. The move reflects increasing industry focus on regulated market entry as governments across Southeast Asia begin formalizing digital asset oversight.

Also Read: Japan Moves to Tighten Crypto Rules as Market Expansion Push Continues

Southeast Asia emerges as key crypto growth region

The investment aligns with a broader shift toward regulated crypto ecosystems, particularly in Southeast Asia, where institutional participation is rising. OKX Ventures highlighted its global compliance strategy, which includes regulatory licenses and approvals across jurisdictions such as Europe, Singapore, and Dubai.

Vietnam is seen as a high-growth market due to strong retail adoption and increasing policy engagement. Industry participants expect clearer licensing frameworks to emerge across the region by the end of the decade, driving more liquidity toward compliant platforms.

In a recent development, OKX founder and CEO Star Xu revealed that the company quietly developed a decentralized perpetual trading platform in 2023 through its Web3 division.

CAEX has moved from fundraising toward implementation

CAEX has been building the operational infrastructure needed to serve Vietnamese users. CAEX’s customer-support documentation shows that its account-opening and identity-verification process is already available for Vietnamese customers. On September 3rd, CAEX launched individual and corporate account registration, nationality checks, and KYC procedures through the CAEX platform.

CAEX has also been testing its trading platform ahead of the expected pilot rollout. Recent industry reporting said testing began in early September and was initially restricted to employees, partners and registered trial users.

Vietnam has historically had substantial crypto activity despite lacking a fully developed domestic framework for regulated exchanges. Reuters reported in March that Vietnamese traders had generated more than $200 billion in crypto transactions during the year leading up to June 2025, much of it through international platforms.

Vietnam’s pilot framework is designed to establish a limited number of licensed exchanges rather than opening the market to every crypto company that wants to operate locally. The government has also been considering restrictions on domestic users trading through overseas exchanges

 

Enjoyed this? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads, and CoinMarketCap Community for seamless access to high-quality industry insights

Take control of your crypto portfolio with DEFI PLANET PRO, DeFi Planet’s suite of analytics tools.

ADVERTISEMENT
ADVERTISEMENT

Spotlight

ETH $2,613.53 -3.82% NU $469.04 +0.00% POLY $792.15 +0.00% APE $748.09 +0.00% FET $226.49 +0.00% ARPA $160.56 +0.00% GTC $2,668.91 +0.00% FORTH $4,194.39 +0.00% PLU $2,124.48 +0.00% MLN $10,448.26 +0.00% ETH $2,613.53 -3.82% NU $469.04 +0.00% POLY $792.15 +0.00% APE $748.09 +0.00% FET $226.49 +0.00% ARPA $160.56 +0.00% GTC $2,668.91 +0.00% FORTH $4,194.39 +0.00% PLU $2,124.48 +0.00% MLN $10,448.26 +0.00%
-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00