Dunamu and Military Bank will launch Vietnam’s first national crypto exchange with full legal backing.
The exchange will serve over 20 million users and tap into Vietnam’s $800 billion crypto trading volume.
Military Bank will handle compliance while Dunamu provides infrastructure and global crypto expertise.
South Korea’s Dunamu has formed a strategic alliance with Vietnam’s Military Bank to establish the country’s first national crypto exchange. The deal began with a memorandum of understanding signed in Seoul during a bilateral business forum. This venture supports Vietnam’s digital finance strategy and marks a major step in regulated market development.
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Dunamu will deliver the core infrastructure, trading systems, and security protocols for the platform. It will also assist in navigating regulations and setting operational standards. Drawing from its global experience with Upbit, Dunamu plans to introduce scalable systems that can support large trading volumes. The partnership positions Vietnam to tap into a growing market with over 20 million potential users.
The move comes as Vietnam’s crypto trading volume has already exceeded $800 billion. The country’s new law recognizing digital assets provides a strong legal basis for the exchange. This legal clarity is expected to attract both domestic and international participants.
Military Bank Brings Scale and National Reach
Military Bank serves over 33 million customers and holds nearly $50 billion in assets. Its nationwide presence and trusted reputation make it an ideal partner for this project. The bank will oversee domestic operations, compliance, and customer engagement.
The involvement of a state-linked bank ensures alignment with Vietnam’s digital finance goals. It also boosts public trust and creates a direct link to government oversight. This structure could help speed up adoption and simplify integration into the financial system.
The collaboration blends Military Bank’s local authority with Dunamu’s crypto expertise. While MB Bank focuses on regulatory and customer matters, Dunamu will manage backend systems, technical teams, and strategic growth plans.
Vietnam Advances Toward a Regulated Crypto Market
Vietnam recently enacted the law on Digital Technology Industry, which legalized cryptocurrencies and NFTs. This legislation lays the foundation for the country’s first regulated crypto exchange. It also enables projects like the Dunamu-MB partnership to operate transparently.
The initiative aligns with broader national goals to modernize the digital economy. Vietnam is also developing NDAChain, a government-backed blockchain network for healthcare, logistics, and education. The new crypto exchange is expected to integrate with this ecosystem over time.
With full state support and advanced exchange technology, the venture aims to create a secure and efficient marketplace. It represents a significant step toward Vietnam’s integration into the global digital asset economy. The Dunamu-Military Bank partnership is positioned to define the future of cryptocurrency trading in the country.
