OKX, a leading global Web3 technology company and crypto exchange, on Friday announced its strategic investment in Vietnam Prosperity Crypto Asset Exchange JSC (CAEX), a move that will help the company join Vietnam’s pilot program for regulated crypto asset trading.
The firrm joins CAEX as a strategic partner alongside founding Vietnamese shareholders VPBankS and LynkiD, with HashKey Capital also investing.
“We will contribute capital in April alongside other shareholders to help CAEX meet the minimum VND10 trillion (approximately $380 million) requirement to participate in Vietnam’s government pilot program for regulated crypto asset trading,” OKX founder and CEO Star Xu wrote in a release.
“CAEX now…
