Registered capital doubles
The reported registration describes the capital as cash contributions and records no foreign shareholders. VnExpress identifies SCEX as the third business in the sector to reach VND10 trillion, after CAEX and Vimexchange. That comparison concerns capital, not licensing order or service quality.
The company originated as Lộc Phát Việt Nam Crypto Asset Exchange, established in September 2025. Nguyễn Duy Khoa is chairman and legal representative, while Nguyễn Xuân Thái is vice-chairman, according to the article.
Licensing remains a separate process
The report says the pilot framework requires exchange operators to have at least VND10 trillion in capital, alongside conditions on qualifying organisations holding at least 35%. The finance ministry began accepting applications on 20 January within a five-year market pilot. Deputy Minister Nguyễn Đức Chi described a goal of no more than five participating operators to control risk.
The account does not announce a licence issued specifically to SCEX. Its accompanying picture shows SCEX Simulator, a simulated platform; promotional figures on the screen are not verified investment returns. Any subsequent official decision on an application would be a separate development from meeting a reported capital threshold.