IDGX partners with BDACS: Vietnam moves closer to becoming the digital asset hub of Southeast Asia

The digital asset investment company #IDGX (under IDG Capital Vietnam) has just signed a strategic memorandum of understanding with BDACS, the leading digital asset custodian in South Korea. This joint venture aims to accompany the efforts of the Vietnamese government in establishing a new legal framework for digital assets, towards a trading and custody infrastructure that meets international standards.

According to the plan, the joint venture will focus on trading exchanges, custody, legal compliance, and the Digital Asset Treasury (DAT). The pilot phase will be implemented this year under the supervision of the legal sandbox program.

In the context that Vietnam has identified blockchain and digital assets as a national strategic technology, this cooperation promises to create a lever for Vietnam to become a new digital asset center in Southeast Asia. The participation of major banks such as #MBBank further demonstrates the expanding market potential.

IDGX will bring local experience and strong financial resources, while #BDACS contributes legal expertise and blockchain technology that has been validated in South Korea. Both expect to create a transparent, stable, and internationally standardized digital financial infrastructure, while reinforcing the long-term trust of investors.

⚠️ Risk warning: The crypto market in Vietnam is still in the process of completing the legal framework; therefore, investors need to closely monitor regulations and carefully consider before participating.