OKX and HashKey invest in new Vietnam exchange ahead of crypto licensing push

The partnership will help the exchange meet Vietnam's $380 million capital requirement to enter a government pilot program aimed at licensing local platforms and curbing offshore trading. What to know : OKX Ventures and HashKey Capital are investing in Vietnam Prosperity Crypto Asset Exchange (CAEX), positioning it as a key player in Vietnam's emerging regulated crypto market. The funding lifts CAEX's capital base to about $380 million, meeting the threshold to join a government pilot program for licensed crypto trading under Resolution 05/2025. Vietnam's new Digital Technology Industry Law and stricter anti-money laundering rules aim to shift crypto activity onshore, repair the country's financial reputation and attract compliant global players like OKX and HashKey.