Asserting Market Leadership: IDGX Officially Becomes the Exclusive Strategic Partner to Bring BDACS into Vietnam.

Seoul, September 23, 2025 – IDGX, a leading digital asset investment firm in Vietnam under IDG Capital Vietnam, is proud to announce the signing of a strategic Memorandum of Understanding (MOU) with BDACS, one of the top regulated digital asset custodians in South Korea

A Pioneering Partnership Aligned with National Strategy

This pioneering partnership is designed to align with the Vietnamese government’s efforts to build a new legal framework for digital assets, aiming to establish and operate an international-standard infrastructure for trading and custody. This partnership is a groundbreaking step, consistent with the Vietnamese Government’s legal reform initiatives to create a world-class digital financial infrastructure.

The joint venture will focus on providing core services such as a digital asset exchange, custody services, regulatory compliance, and the integration of Digital Asset Treasury (DAT) companies. The goal is to establish a digital finance hub that connects core services like exchanges and asset custody to build a sustainable ecosystem.

Phased Rollout and Go-to-Market Plan

We will launch this joint venture this year, beginning with a pilot phase under the supervision of Vietnam’s regulatory sandbox program, laying a solid foundation for regional expansion. The joint venture is set to launch this year, starting with a pilot phase within the regulatory sandbox framework, creating a precedent for sustainable growth.

Capitalizing on Vietnam’s Rise as a Digital Asset Hub 

In the context of Vietnam elevating blockchain and digital assets to a national strategic technology since 2024, while also promoting initiatives such as establishing an international financial center and piloting a digital asset exchange, IDGX is proud to be part of this powerful transformation. With Vietnam having established a clear licensing roadmap for digital asset managers and exchanges, IDGX sees this as a significant step, reinforcing the country’s position as one of Southeast Asia’s fastest-growing digital finance markets. We believe this move will create a safer and more transparent investment environment than ever before.

With a solid legal framework and strong support from financial institutions, IDGX believes Vietnam has the full potential to become the next digital asset hub in Southeast Asia. Our collaboration will help solidify that position by delivering international-standard platforms and solutions.

Combining Local Expertise with International Excellence

As the strategic partner in Vietnam, IDGX will ensure the joint venture’s success through its extensive operational experience, network with regulatory authorities, and strong financial resources. We believe that a deep understanding of the local market is the key factor in building a solid foundation.

Meanwhile, BDACS will contribute its proven expertise from the South Korean market in regulatory compliance and blockchain technology. This combination will create a digital financial infrastructure that is not only stable and transparent but also aligned with international standards and Vietnam’s specific context.

From the Leadership

Mr. Nathan Hoang, representative of IDGX, stated:

“Vietnam is making breakthrough strides to become the region’s digital asset hub. IDGX is proud to partner with BDACS to realize that vision together. We will bring the best solutions and infrastructure, turning potential into reality and conquering new heights with Vietnam in the digital finance era.”

Mr. Harry Ryoo, CEO of BDACS, said: 

“This agreement marks a significant milestone in building a global digital financial and custody infrastructure, leveraging the shared regulatory and market environments of South Korea and Vietnam. Our goal is to position BDACS as a trusted infrastructure provider not only in Southeast Asia but also in the global digital asset market.”