OKX Ventures, HashKey Invest in Vietnam's CAEX Exchange

OKX Ventures and HashKey Capital announced investments Friday in CAEX, a Vietnam-based cryptocurrency exchange affiliated with VPBank, to help the platform meet the government's minimum capital requirement for a new pilot program regulating crypto trading. The move positions CAEX among a select group of potential licensees in Hanoi, where authorities are formalizing oversight of one of the world's most active digital asset markets.

The investments bring CAEX's capital to 10 trillion Vietnamese dong, equivalent to about 380 million dollars, fulfilling a key threshold under Resolution 05/2025. This pilot program, launched with a licensing window on January 20, 2026, will limit operations to no more than five exchanges for a five-year trial period. Regulators require at least 65 percent of capital from institutional shareholders and cap foreign ownership at 49 percent. Officials have indicated they may restrict access to unlicensed offshore platforms once approved exchanges begin operating, aiming to shift trading activity onshore and enhance control over capital flows.

CAEX, supported by VPBank Securities for financial backing and governance and LynkiD for digital identity...