- KuCoin signs MoU with Vietnam Blockchain Association (VBA) and 1Matrix to build blockchain infrastructure.
- The partnership will support Vietnam’s National Blockchain Strategy (2025-2030).
- The initiative will focus on digital education, talent building, and global blockchain integration.
KuCoin, a global cryptocurrency exchange with over 41 million users, has signed a strategic partnership with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company to accelerate blockchain development and digital education in Vietnam. This move aims to strengthen Vietnam’s position as a regional leader in blockchain innovation.
The Memorandum of Understanding (MoU) focuses on building blockchain infrastructure, advancing digital assets, and expanding digital payment systems, electronic identity, and risk management tools. Together, KuCoin, VBA, and 1Matrix aim to support the Vietnam National Blockchain Strategy 2025-2030.
Under this collaboration, KuCoin will provide advanced technology, expertise, and global best practices, while 1Matrix will handle domestic infrastructure, and VBA will lead policy advocacy and community engagement. This tripartite model is designed to promote transparent and sustainable digital ecosystems, helping local startups grow and tap into global markets.
The initiative also prioritizes education, digital literacy, and talent development in blockchain and Web3. KuCoin Labs and KuCoin Ventures are already working with Vietnamese universities and communities to train young professionals in emerging areas like tokenization and decentralized finance (DeFi).
Also Read: Vietnam's STEM Revolution: Can It Power the Nation's Next Tech Boom?
Damen Chen, Vice President at KuCoin, emphasized Vietnam’s potential as a global tech hub, citing it’s young and tech savvy population. He reiterated KuCoin’s commitment to security, transparency, and compliance, highlighting practices such as real time order book data, proof of reserves, and independent audits.
Phan Duc Trung, Chairman of VBA and 1Matrix, praised the partnership’s role in supporting Vietnam’s digital economy and promoting international cooperation.
This collaboration is expected to lay a strong foundation for Vietnam’s blockchain ecosystem, making it a standout player in Asia’s digital future.
