DA NANG, Vietnam, Sept. 3, 2025 /PRNewswire/ — KuCoin, a number one international cryptocurrency change serving over 41 million customers throughout greater than 200 areas, has signed a strategic Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Property Affiliation (VBA) and 1Matrix Joint Inventory Firm (1Matrix). This landmark settlement marks a pivotal step in KuCoin’s dedication to fostering innovation in rising markets to speed up blockchain infrastructure, digital asset functions, and the nation’s digital economic system.
This collaboration positions KuCoin as a key pioneer in Vietnam’s crypto panorama, drawing on its international experience to ship tailor-made options. The initiative introduces actionable developments, together with pilot buying and selling platforms, digital cost options, digital id methods, and international-standard danger administration instruments. By merging KuCoin’s cutting-edge expertise with 1Matrix’s native experience and VBA’s coverage advocacy, it units a brand new benchmark for localized blockchain growth, straight supporting Vietnam’s Nationwide Blockchain Technique (2025–2030) and elevating the nation’s position in digital innovation.
Below the MoU, KuCoin will lead the switch of superior expertise and greatest practices, empowering native innovation whereas upholding high safety requirements. 1Matrix will oversee home infrastructure and sources, whereas VBA will facilitate coverage advocacy, standardization, and neighborhood outreach. This tripartite mannequin fosters a clear, sustainable digital monetary ecosystem, enabling Vietnamese startups to entry worldwide markets and promote financial inclusion and development.
Damen Chen, Vice President and Head of Group Business, shared his enthusiasm: “Vietnam is rising as one of many world’s most dynamic hubs for blockchain and digital belongings, fueled by a younger, artistic, and tech-savvy neighborhood able to pioneer international improvements. By means of this strategic partnership with VBA and 1Matrix, KuCoin is happy to co-develop blockchain expertise and decide to long-term collaboration in constructing neighborhood belief, advancing digital asset training, and nurturing Vietnam’s blockchain startup ecosystem. Our shared aim is to create a clear, safe, and internationally aggressive market, elevating Vietnam as a pivotal landmark on the worldwide blockchain map.”
This partnership highlights KuCoin’s dedication to safety, transparency, and compliance—core pillars of its trusted popularity. As Chen famous in his current handle at Da Nang Finance and Tech Week, KuCoin prioritizes real-time order e-book information, common proof-of-reserves reporting, and unbiased audits to fight pretend volumes and guarantee accountability. Among the many first exchanges to mandate KYC and AML requirements globally, KuCoin engages in regulatory consultations, sandboxes, and coverage growth. In Vietnam, KuCoin Labs and KuCoin Ventures are investing in early-stage initiatives and partnering with universities and communities to construct expertise and drive adoption in tokenization and DeFi.
Mr. Phan Duc Trung, Chairman of VBA and 1Matrix, praised the tripartite cooperation, emphasizing its position in boosting the digital asset market, enabling worldwide integration, and fostering a clear, sustainable digital monetary ecosystem.
VBA, based beneath Resolution No. 343/QD-BNV dated April 27, 2022, by the Ministry of Residence Affairs, serves as Vietnam’s first official social-professional group for the blockchain sector. It gathers stakeholders excited about researching, testing, evaluating, standardizing, and selling blockchain functions.
1Matrix Joint Inventory Firm, a VBA member, is a pioneer in Vietnam’s blockchain infrastructure. It develops the Vietnam Blockchain Multi-Chain Service Community (VBSN), a platform for speedy layer-1 blockchain deployment, supporting digital id, information governance, and important public functions.
This strategic settlement is anticipated to put the inspiration for a pioneering mannequin in Vietnam’s blockchain sector, advancing the Nationwide Blockchain Technique and establishing Vietnam as a brilliant spot on the worldwide expertise map.
About KuCoin
Based in 2017, KuCoin is a number one international cryptocurrency platform serving over 41 million customers throughout 200+ nations and areas. Constructed on cutting-edge blockchain expertise, KuCoin gives entry to 1,000+ digital belongings and options together with Web3 pockets, Spot and Futures buying and selling, institutional companies, and funds. Acknowledged by Forbes as one of many “Finest Crypto Apps & Exchanges” and a “High 50 International Unicorn” by Hurun, KuCoin is ISO 27001:2022 licensed and dedicated to safety, compliance, and innovation beneath the management of CEO BC Wong. Study extra: https://www.kucoin.com/
About VBA
The Vietnam Blockchain and Digital Property Affiliation (VBA) is a non-profit group established beneath Resolution No. 343/QĐ-BNV on April 27, 2022 by the Ministry of Residence Affairs. As the primary and solely legally acknowledged skilled affiliation in Vietnam devoted to blockchain, VBA has been entrusted beneath the Nationwide Blockchain Technique to spearhead the event of “Make in Vietnam” blockchain platforms, promote standardization, and unite home expertise enterprises to strengthen competitiveness and elevate Vietnam’s international standing. Study extra: https://blockchain.vn
About 1Matrix
1Matrix Joint Inventory Firm is a pioneering Vietnamese enterprise in blockchain infrastructure, dedicated to constructing a “Make in Vietnam” blockchain community and main the development of Blockchain-as-a-Service (BaaS). 1Matrix is the founder and developer of the Vietnam Blockchain Service Community (VBSN) — a multi-chain infrastructure that permits the speedy deployment of Layer-1 blockchain networks, supporting information governance, digital id, and numerous public companies. VBSN is constructed by 1Matrix with the institutional help of VBA and strategic advisory from Boston Consulting Group (BCG), positioning it as a cornerstone of Vietnam’s nationwide digital infrastructure and a catalyst for innovation throughout industries. Study extra https://1matrix.com
