HD Securities is about to invest 1,500 billion VND to establish a crypto asset trading floor

(Dan Tri) - HD Securities is expected to use more than 7,300 billion VND in revenue to contribute capital to a crypto asset company. SSI, TCBS, VPBankS... previously also planned to increase capital and join the digital financial "playground".

HD Securities Joint Stock Company (HDS) has just announced its plan to offer shares to existing shareholders to increase its charter capital to more than VND5,100 billion to supplement its business activities.

According to the plan submitted to shareholders, the company will offer shares at a ratio of 2:5 (shareholders owning 2 shares will have the right to buy 5 additional shares). The expected number of shares offered is more than 365 million units; the proposed offering price is 20,000 VND/share, nearly equivalent to the book value on the 2025 semi-annual financial report.

The amount of money raised is more than 7,300 billion VND, expected to be used by the company to contribute capital to HD Crypto Asset Exchange Joint Stock Company.

The above move by HD Securities took place after the Government 's Resolution No. 05/2025 on piloting the crypto asset market in Vietnam (Resolution 05). Thereby, the 5-year pilot phase for the crypto asset market in Vietnam was officially launched.

HD Securities is about to invest 1,500 billion VND to set up a crypto asset trading floor (Photo: IT).

According to the resolution, digital asset exchanges must have a minimum capital of VND10,000 billion, of which at least 35% is held by two or more organizations in the banking, securities, fund management, insurance or technology groups. Foreign ownership is limited to 49%.

A few days earlier, Vietnam Prosperity Cryptocurrency Exchange Joint Stock Company (CAEX) was officially established with an initial charter capital of VND 25 billion, headquartered in Hanoi. Notably, in the shareholder structure, VPBank Securities (VPBankS) holds 11% of CAEX's capital, the rest belongs to LynkiD Joint Stock Company (50%) and Future Land Investment Company Limited (39%).

In August, the Military Bank (MB) also signed a cooperation agreement with the famous Upbit exchange operator in Korea to jointly deploy a digital asset exchange in Vietnam. According to the agreement, Dunamu will support MB in technology, legal advice, human resource training and investor protection mechanisms...

Source: https://dantri.com.vn/kinh-doanh/chung-khoan-hd-sap-rot-1500-ty-dong-lap-san-giao-dich-tai-san-ma-hoa-20250924155409191.htm