TCEX reaches ₫10 trillion capital threshold for Vietnam crypto pilot
Techcom Securities will hold an 11% stake after the capital increase, while TCEX says it has met documentation and information security requirements.
Techcom Crypto Exchange JSC (TCEX) has finished raising its capital to ₫10 trillion, the minimum Vietnam requires of companies seeking to join its cryptocurrency exchange pilot. Its backer, Techcom Securities (TCBS), will hold an 11% stake following the increase.
According to TCEX, the necessary legal paperwork is complete and it has secured Level 4 certification for information security. The company said these steps position it to satisfy key conditions for the pilot.
Vietnam’s rules require at least two eligible institutional investors to collectively own at least 35% of an exchange operator’s capital. Banks, securities firms, fund managers, insurers and technology companies qualify. A State Securities Commission of Vietnam representative previously said the capital requirement takes account of operators’ trading, payment and custody responsibilities, as well as their ability to absorb losses and compensate investors.
TCEX follows SCEX, CAEX and Vimexchange in raising charter capital to ₫10 trillion. SCEX is linked to businessman Nguyen Duc Thuy, while CAEX belongs to VPBankS and Vimexchange is a Vimedimex subsidiary. TCEX’s charter capital was ₫3 billion when it was established on May 5, 2025.
Applications for exchange licences opened at the Ministry of Finance on January 20. Deputy Finance Minister Nguyen Duc Chi has said Vietnam aims to allow no more than five exchange operators under the five-year pilot, with the limit intended to help control risks.
