Vietnam's SCEX raises capital to 10 trillion dong to qualify for crypto exchange license
- —SCEX raised charter capital from 5 trillion to 10 trillion dong, doubling shares to 1 billion
- —The company was founded on Sept 30, 2025 as LPEX with 6.8 billion dong in capital
- —SCEX is the second of five shortlisted firms to meet the capital threshold, after CAEX
- —Firms in the pilot have until May 2027 to complete remaining licensing conditions
Why it matters: Vietnam is moving toward a licensed crypto market, with only well-capitalized firms backed by institutional shareholders eligible for the pilot.
Source: Coin68