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KuCoin and Partners Launch Blockchain Infrastructure Initiative in Vietnam

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by Giorgi Kostiuk

2 days ago


KuCoin, the Vietnam Blockchain Association (VBA), and 1Matrix have announced a new partnership aimed at developing a secure blockchain infrastructure in Vietnam. These efforts align with the national blockchain strategy for 2025–2030.

Collaboration Goals

The collaboration is focused on creating secure platforms for digital asset trading, digital payments, and user identification. This is an important step towards implementing Vietnam's strategy for national blockchain adoption.

Key Initiatives of the Partnership

The partnership plans to launch pilot trading platforms, blockchain-based payment systems, and electronic identity tools. A key element will be a digital ID system designed to ensure transaction security.

Strategic Contributions of Parties

Each party will play a specific role: KuCoin will provide global expertise in tokenization and DeFi, 1Matrix will manage local infrastructure, and VBA will ensure compliance with Vietnam's legal framework.

KuCoin's initiative and its partners not only aim to build infrastructure but also seek to integrate blockchain technology into logistics, finance, and trade, fostering startup growth and enhancing trust in the sector.

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