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- KuCoin teams up with VBA and 1Matrix to support Vietnam’s blockchain strategy.
- The Partnership focuses on trading platforms, eID, and risk tools.
KuCoin has signed a Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company (1Matrix). The partnership is a significant step in Vietnam’s National Blockchain Strategy (2025–2030).
This agreement is the latest in a series of strategic moves by KuCoin to expand its global footprint through partnerships and integrations. In recent months, the exchange has supported UBS uMINT collateral via DigiFT and teamed up with 2Game Digital to bring KuCoin Pay to global gamers.
The Partnership solidifies KuCoin as a major player in Vietnam’s digital economy, bringing its global expertise in blockchain technology, compliance, and security to local development. In partnership with VBA and 1Matrix, KuCoin will help pilot trading platforms, digital payment systems, electronic identity (eID) solutions, and international-standard risk management tools designed to strengthen Vietnam’s blockchain infrastructure.
KuCoin’s Expanding Role in Asia
KuCoin has been expanding its footprint in Asia with strategic partnerships. Under the MoU, KuCoin will transfer advanced technology and global best practices while maintaining strict security standards. 1Matrix will focus on local infrastructure and deployment. VBA will lead on policy advocacy, community engagement, and standardization. Together, the three parties aim to create a transparent and sustainable ecosystem that fosters innovation and opens international market opportunities for Vietnamese startups.
As CNF previously reported, KuCoin recently became the first exchange to support UBS uMINT collateral through DigiFT, reinforcing its focus on institutional-grade products
The company has also strengthened its presence in consumer markets. Last month, KuCoin Pay announced a partnership with 2Game Digital to introduce crypto payments for global gamers. This move is designed to bridge Web3 adoption across entertainment and payments.
Vietnam has a goal of becoming a regional hub for blockchain innovation, and this partnership goes a long way to accomplishing that. It is an opportunity for both domestic businesses and global investors with greater trust and clarity in the sector.
What Role Does 1Matrix Play in Developing Vietnam’s Blockchain Infrastructure?
KuCoin emphasizes transparency and compliance as central to its reputation. The exchange regularly publishes proof-of-reserves reports. This maintains independent audits and enforces global KYC/AML standards. In Vietnam, KuCoin Labs and KuCoin Ventures are also investing in early-stage blockchain projects and supporting universities to train the next generation of talent.
VBA Chairman Phan Duc Trung noted that the tripartite agreement creates a foundation for sustainable growth in Vietnam’s blockchain ecosystem, enabling international integration and enhancing market competitiveness.
1Matrix, a key VBA member, will contribute through the Vietnam Blockchain Multi-Chain Service Network (VBSN), which supports rapid Layer-1 blockchain deployment for digital identity, data governance, and other public services.
