KuCoin has signed a strategic memorandum of understanding with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix. This cooperation aims to accelerate the development of blockchain infrastructure and the use of digital assets in Vietnam.
Three-Way Collaboration for Blockchain Development
Under this agreement:
* **KuCoin** will lead the technology front, providing advanced blockchain solutions and exchange capabilities. * **1Matrix**, based in Vietnam, will utilize its local knowledge and resources to integrate blockchain into domestic systems. * **VBA** will work with policymakers to create a favorable regulatory environment and ensure standardization across platforms.
Supporting Vietnam’s 2025–2030 Blockchain Strategy
Vietnam’s Blockchain Strategy outlines a national plan to use blockchain across industries such as finance, healthcare, education, and supply chain. By backing this strategy, the KuCoin-VBA-1Matrix alliance hopes to turn Vietnam into a leader in blockchain adoption in Southeast Asia.
Importance of Partnership for Future Digital Economy
This move also highlights a growing trend: crypto exchanges and blockchain firms are partnering with governments to ensure long-term, regulated growth rather than rapid but unsustainable expansion.
The signing of the memorandum between KuCoin, VBA, and 1Matrix represents a significant step towards Vietnam's digital transformation and supports its ambitious blockchain strategy for the future.
