KuCoin, a leading global cryptocurrency exchange, has signed a strategic memorandum of understanding with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix.
Cooperation Agreement
On September 19, 2025, in Da Nang, Vietnam, KuCoin signed an MoU with VBA and 1Matrix. This agreement marks an important step in KuCoin's efforts to promote innovation in emerging markets and contribute to blockchain infrastructure development.
Key Initiatives and Goals
The agreement includes the introduction of new technologies, including pilot trading platforms, digital payment solutions, and electronic identity systems. KuCoin will share its technology and best practices, while 1Matrix will oversee the implementation of local infrastructure and resources. VBA will take on the role of political advocacy and standardization.
Significance for the Vietnamese Crypto Market
The partnership aims to create a transparent and sustainable digital financial ecosystem, enabling Vietnamese startups to access international markets and foster economic growth. Damen Chen, VP of KuCoin, emphasized that collaboration with VBA and 1Matrix will help develop a more competitive and secure market for digital assets in Vietnam.
This strategic agreement is expected to lay the foundation for a new phase in the development of Vietnam's blockchain infrastructure and support the country’s National Blockchain Strategy for 2025-2030.
