KuCoin Partners with VBA and 1Matrix to Strengthen Blockchain Infrastructure in Vietnam

KuCoin, a leading cryptocurrency exchange, has forged a strategic partnership with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company (1Matrix) to bolster blockchain technology development in Vietnam. This collaboration aims to enhance the country’s position as a global hub for blockchain innovation. KuCoin leverages its extensive user base and global expertise to facilitate this initiative, while VBA fosters regulatory compliance and standardization within Vietnam’s burgeoning digital asset market. 1Matrix will provide local market expertise and execute infrastructure projects, including multi-chain networks and digital identity systems. This partnership focuses on building robust infrastructure rather than direct investment or funding, aiming to create a secure and transparent ecosystem for businesses in the region. KuCoin will transfer advanced technology solutions, incorporating best practices and compliance standards, to support the development of local trading platforms, payment solutions, and digital identity systems. This initiative aligns with Vietnam’s National Blockchain Strategy 2025–2030, which aims to establish a thriving blockchain environment within the nation. With this strategic partnership, KuCoin hopes to further contribute to the growth of the Vietnamese cryptocurrency market while promoting international competitiveness in blockchain technology.