How much did OKX and HashKey invest in CAEX?

OKX Ventures and HashKey Capital jointly invested a total of $380 million USD into CAEX, a Vietnamese digital asset exchange. The deal was signed on April 10, 2026, with capital contributed immediately within the same month. Following the deal, CAEX's shareholder structure includes VPBankS, LynkiD, OKX Ventures, and HashKey Capital.

What is CAEX and when will it operate?

CAEX (Crypto Asset Exchange) is Vietnam's first domestic digital asset exchange, established as a joint venture between VPBankS, LynkiD, and international partners. With a capital base of 10,000 billion VND after the OKX/HashKey deal, CAEX meets the minimum capital threshold under Resolution 05/2025 to apply for a pilot license. It is expected to commence operations in Q3-Q4/2026.

How does the OKX HashKey CAEX deal affect Vietnamese investors?

The deal brings four major impacts: (1) Vietnam's crypto exchange gains technology from OKX, one of the world's top three exchanges; (2) Vietnamese investors will have a legal platform to trade crypto with direct VND deposits/withdrawals; (3) A 0.1% tax will be auto-deducted by the exchange; (4) Legal protection for trades. However, the pilot phase will only list BTC, ETH, and stablecoins — fewer coins than offshore exchanges.

Why did OKX and HashKey choose to invest in Vietnam?

Vietnam ranks in the global top 4 for crypto adoption according to Chainalysis 2025, with an estimated $200 billion USD in annual trading volume, largely on offshore exchanges. The Digital Technology Law 2025 + Resolution 05/2025 provide a clear regulatory framework. OKX and HashKey see an opportunity to capture market share in a country of 100 million people, with a young, tech-savvy population and massive crypto demand but no domestic exchange.

How does CAEX compare with the other four applicants?

CAEX leads clearly: (1) Largest capital — $380M, meeting the 10,000 billion threshold; (2) Strongest international partners — OKX (top 3 global exchange) + HashKey (HK's largest crypto fund); (3) Capital already contributed (04/2026). Competitors: VIX Securities, Sun Group, Techcombank, LPBank — none have disclosed specific capital or international partners. However, Techcombank and LPBank have the advantage of existing banking networks.

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OKX and HashKey Invest $380M into CAEX: A Turning Point for Vietnam's Crypto Exchange Market

Cập nhật: 8 tháng 5, 2026

OKX Ventures and HashKey Capital invest $380M into CAEX. Analysis of the impact on Vietnam's crypto market, benefits for investors, and Q3/2026 licensing timeline.

Kyros2026-04-17T00:00:00.000Z7 phút đọc744 lượt xem