$38 M invested by OKG Ventures in cryptocurrency trading platform CAEX in Vietnam
One of the first cryptocurrency trading platforms in Vietnam, Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX), received VND1,000 billion ($37.9 million) in charter capital from OKG Ventures Limited, which is affiliated with OKG Technology and OKX Ventures.
OKG Ventures’ capital contribution is equal to 10% of CAEX’s charter capital at VND10,000 billion, according to CAEX’s business license that is registered with Vietnam’s National Business Registration Portal.
With VND60 billion, or 0.6 percent of the charter capital, Cheng Tan Feng is another important foreign investor. At Hashkey Capital, a digital asset company well-known for its Web3 ecosystem, Cheng Tan Feng serves as Chief of Staff.
The investment came after CAEX, OKX Ventures, and HashKey Capital signed a contract in early April. Consequently, the two latter companies will assist CAEX in meeting the VND10 trillion ($380 million) minimum capital requirement for a cryptocurrency trading platform.
89.4 percent of CAEX’s charter capital came from domestic investors. The largest are Future Land, a real estate company, with VND2,500 billion (25 percent); Lynkid, a partner of Vietnam’s top lender VPBank, with VND2,900 billion (29 percent); and VPBankS, a securities company connected to VPBank, with VND1,100 billion (11 percent).
A resolution to test cryptocurrency exchanges in Vietnam for five years was released by the Vietnamese government in September 2025. Approximately ten companies have shown interest in participating in the program thus far. Numerous banks and securities firms, including top Vietnamese banks like Techcombank, VPBank, LPBank, VIX Securities, and Sun Group, have set up operations for the pilot.
