Vietnam’s CAEX Plans $383mn Capital Raise as Crypto Licensing Era Begins: Local Media

27 February 2026 - 09:12 CET
By Sandmark staff
Vietnam

Vietnam Prosperity Crypto Exchange JSC (CAEX), an exchange operator backed by Hanoi-based VPBank, is advancing plans to raise its charter capital to VND 10tn ($383mn), according to the country's national daily Thanh Nien

The funding would help the company to take part in Vietnam’s government-backed pilot programme for regulated crypto-asset exchanges, the news outlet reported. Under this pilot, only licensed domestic entities meeting high capital, compliance and infrastructure requirements set out by the government in September 2025 may offer crypto-asset trading and related services.

The initiative is part of a broader regulatory shift in Vietnam, where the Law on the Digital Technology Industry (effective 1 Jan) formally recognizes digital and crypto assets in law, a first in the region, while maintaining that such assets are not legal tender and may only be traded within regulated frameworks, according to the report.

Vietnam ranked among the top five globally for crypto uptake, in the latest Chainalysis Global Adoption Index.