Skip to Content Facebook Feature Image

KuCoin Partners with VBA and 1Matrix to Pioneer Blockchain Infrastructure and Digital Asset Development in Vietnam

Business

KuCoin Partners with VBA and 1Matrix to Pioneer Blockchain Infrastructure and Digital Asset Development in Vietnam
Business

Business

KuCoin Partners with VBA and 1Matrix to Pioneer Blockchain Infrastructure and Digital Asset Development in Vietnam

2025-09-03 14:00 Last Updated At:14:15

DA NANG, Vietnam, Sept. 3, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange serving over 41 million users across more than 200 regions, has signed a strategic Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company (1Matrix). This landmark agreement marks a pivotal step in KuCoin's commitment to fostering innovation in emerging markets to accelerate blockchain infrastructure, digital asset applications, and the nation's digital economy.

This collaboration positions KuCoin as a key pioneer in Vietnam's crypto landscape, drawing on its global expertise to deliver tailored solutions. The initiative introduces actionable advancements, including pilot trading platforms, digital payment solutions, electronic identity systems, and international-standard risk management tools. By merging KuCoin's cutting-edge technology with 1Matrix's local expertise and VBA's policy advocacy, it sets a new benchmark for localized blockchain development, directly supporting Vietnam's National Blockchain Strategy (2025–2030) and elevating the country's role in digital innovation.

Under the MoU, KuCoin will lead the transfer of advanced technology and best practices, empowering local innovation while upholding top security standards. 1Matrix will oversee domestic infrastructure and resources, while VBA will facilitate policy advocacy, standardization, and community outreach. This tripartite model fosters a transparent, sustainable digital financial ecosystem, enabling Vietnamese startups to access international markets and promote economic inclusion and growth.

Damen Chen, Vice President and Head of Group Commercial, shared his enthusiasm: "Vietnam is emerging as one of the world's most dynamic hubs for blockchain and digital assets, fueled by a young, creative, and tech-savvy community ready to pioneer global innovations. Through this strategic partnership with VBA and 1Matrix, KuCoin is excited to co-develop blockchain technology and commit to long-term collaboration in building community trust, advancing digital asset education, and nurturing Vietnam's blockchain startup ecosystem. Our shared goal is to create a transparent, secure, and internationally competitive market, elevating Vietnam as a pivotal landmark on the global blockchain map."

This partnership highlights KuCoin's dedication to security, transparency, and compliance—core pillars of its trusted reputation. As Chen noted in his recent address at Da Nang Finance and Tech Week, KuCoin prioritizes real-time order book data, regular proof-of-reserves reporting, and independent audits to combat fake volumes and ensure accountability. Among the first exchanges to mandate KYC and AML standards globally, KuCoin engages in regulatory consultations, sandboxes, and policy development. In Vietnam, KuCoin Labs and KuCoin Ventures are investing in early-stage projects and partnering with universities and communities to build talent and drive adoption in tokenization and DeFi.

Mr. Phan Duc Trung, Chairman of VBA and 1Matrix, praised the tripartite cooperation, emphasizing its role in boosting the digital asset market, enabling international integration, and fostering a transparent, sustainable digital financial ecosystem.

VBA, founded under Decision No. 343/QD-BNV dated April 27, 2022, by the Ministry of Home Affairs, serves as Vietnam's first official social-professional organization for the blockchain sector. It gathers stakeholders interested in researching, testing, evaluating, standardizing, and promoting blockchain applications.

1Matrix Joint Stock Company, a VBA member, is a pioneer in Vietnam's blockchain infrastructure. It develops the Vietnam Blockchain Multi-Chain Service Network (VBSN), a platform for rapid layer-1 blockchain deployment, supporting digital identity, data governance, and essential public applications.

This strategic agreement is expected to lay the foundation for a pioneering model in Vietnam's blockchain sector, advancing the National Blockchain Strategy and establishing Vietnam as a bright spot on the global technology map.

About KuCoin

Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/

About VBA

The Vietnam Blockchain and Digital Assets Association (VBA) is a non-profit organization established under Decision No. 343/QĐ-BNV on April 27, 2022 by the Ministry of Home Affairs. As the first and only legally recognized professional association in Vietnam dedicated to blockchain, VBA has been entrusted under the National Blockchain Strategy to spearhead the development of "Make in Vietnam" blockchain platforms, promote standardization, and unite domestic technology enterprises to strengthen competitiveness and elevate Vietnam's global standing. Learn more: https://blockchain.vn

About 1Matrix

1Matrix Joint Stock Company is a pioneering Vietnamese enterprise in blockchain infrastructure, committed to building a "Make in Vietnam" blockchain network and leading the advancement of Blockchain-as-a-Service (BaaS). 1Matrix is the founder and developer of the Vietnam Blockchain Service Network (VBSN) — a multi-chain infrastructure that enables the rapid deployment of Layer-1 blockchain networks, supporting data governance, digital identity, and diverse public services. VBSN is built by 1Matrix with the institutional support of VBA and strategic advisory from Boston Consulting Group (BCG), positioning it as a cornerstone of Vietnam's national digital infrastructure and a catalyst for innovation across industries. Learn more https://1matrix.com

DA NANG, Vietnam, Sept. 3, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange serving over 41 million users across more than 200 regions, has signed a strategic Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company (1Matrix). This landmark agreement marks a pivotal step in KuCoin's commitment to fostering innovation in emerging markets to accelerate blockchain infrastructure, digital asset applications, and the nation's digital economy.

This collaboration positions KuCoin as a key pioneer in Vietnam's crypto landscape, drawing on its global expertise to deliver tailored solutions. The initiative introduces actionable advancements, including pilot trading platforms, digital payment solutions, electronic identity systems, and international-standard risk management tools. By merging KuCoin's cutting-edge technology with 1Matrix's local expertise and VBA's policy advocacy, it sets a new benchmark for localized blockchain development, directly supporting Vietnam's National Blockchain Strategy (2025–2030) and elevating the country's role in digital innovation.

Under the MoU, KuCoin will lead the transfer of advanced technology and best practices, empowering local innovation while upholding top security standards. 1Matrix will oversee domestic infrastructure and resources, while VBA will facilitate policy advocacy, standardization, and community outreach. This tripartite model fosters a transparent, sustainable digital financial ecosystem, enabling Vietnamese startups to access international markets and promote economic inclusion and growth.

Damen Chen, Vice President and Head of Group Commercial, shared his enthusiasm: "Vietnam is emerging as one of the world's most dynamic hubs for blockchain and digital assets, fueled by a young, creative, and tech-savvy community ready to pioneer global innovations. Through this strategic partnership with VBA and 1Matrix, KuCoin is excited to co-develop blockchain technology and commit to long-term collaboration in building community trust, advancing digital asset education, and nurturing Vietnam's blockchain startup ecosystem. Our shared goal is to create a transparent, secure, and internationally competitive market, elevating Vietnam as a pivotal landmark on the global blockchain map."

This partnership highlights KuCoin's dedication to security, transparency, and compliance—core pillars of its trusted reputation. As Chen noted in his recent address at Da Nang Finance and Tech Week, KuCoin prioritizes real-time order book data, regular proof-of-reserves reporting, and independent audits to combat fake volumes and ensure accountability. Among the first exchanges to mandate KYC and AML standards globally, KuCoin engages in regulatory consultations, sandboxes, and policy development. In Vietnam, KuCoin Labs and KuCoin Ventures are investing in early-stage projects and partnering with universities and communities to build talent and drive adoption in tokenization and DeFi.

Mr. Phan Duc Trung, Chairman of VBA and 1Matrix, praised the tripartite cooperation, emphasizing its role in boosting the digital asset market, enabling international integration, and fostering a transparent, sustainable digital financial ecosystem.

VBA, founded under Decision No. 343/QD-BNV dated April 27, 2022, by the Ministry of Home Affairs, serves as Vietnam's first official social-professional organization for the blockchain sector. It gathers stakeholders interested in researching, testing, evaluating, standardizing, and promoting blockchain applications.

1Matrix Joint Stock Company, a VBA member, is a pioneer in Vietnam's blockchain infrastructure. It develops the Vietnam Blockchain Multi-Chain Service Network (VBSN), a platform for rapid layer-1 blockchain deployment, supporting digital identity, data governance, and essential public applications.

This strategic agreement is expected to lay the foundation for a pioneering model in Vietnam's blockchain sector, advancing the National Blockchain Strategy and establishing Vietnam as a bright spot on the global technology map.

About KuCoin

Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/

About VBA

The Vietnam Blockchain and Digital Assets Association (VBA) is a non-profit organization established under Decision No. 343/QĐ-BNV on April 27, 2022 by the Ministry of Home Affairs. As the first and only legally recognized professional association in Vietnam dedicated to blockchain, VBA has been entrusted under the National Blockchain Strategy to spearhead the development of "Make in Vietnam" blockchain platforms, promote standardization, and unite domestic technology enterprises to strengthen competitiveness and elevate Vietnam's global standing. Learn more: https://blockchain.vn

About 1Matrix

1Matrix Joint Stock Company is a pioneering Vietnamese enterprise in blockchain infrastructure, committed to building a "Make in Vietnam" blockchain network and leading the advancement of Blockchain-as-a-Service (BaaS). 1Matrix is the founder and developer of the Vietnam Blockchain Service Network (VBSN) — a multi-chain infrastructure that enables the rapid deployment of Layer-1 blockchain networks, supporting data governance, digital identity, and diverse public services. VBSN is built by 1Matrix with the institutional support of VBA and strategic advisory from Boston Consulting Group (BCG), positioning it as a cornerstone of Vietnam's national digital infrastructure and a catalyst for innovation across industries. Learn more https://1matrix.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

KuCoin Partners with VBA and 1Matrix to Pioneer Blockchain Infrastructure and Digital Asset Development in Vietnam

KuCoin Partners with VBA and 1Matrix to Pioneer Blockchain Infrastructure and Digital Asset Development in Vietnam

The Initiative Aims to Address the Pain Points of Family Filmmaking 

BEIJING, Dec. 13, 2025 /PRNewswire/ -- On December 6th, the 3rd FamilyLens International Film Festival opened in Beijing. SmallRig, a global specialized provider of imaging solutions, collaborating with FamilyLens, is empowering family filmmaking through various initiatives, including the Family Filmmaking Co-Creation Initiative, a dedicated family filmmaking kit, and a social impact screening program.

Deepening the "Co-Creation Initiatives"

The Co-Creation Initiatives are a series of global creative initiatives open to filmmakers and image creators worldwide. Through deep collaboration across multiple dimensions — including product co-creation, discovery and promotion, and content co-creation — SmallRig aims to expand the boundaries of mobile filmmaking and bring the spirit of Free Your Dream to life with creators everywhere.

Following the launch of the Mobile Filmmaking Co-Creation Initiative at the 14th International Smartphone Film Festival, SmallRig announced the launch of the Family Filmmaking Co-Creation Initiative on December 6th at the 3rd FamilyLens International Film Festival. The initiative invites global creators and every family to participate, focusing on three core directions: product co-creation, work promotion, and content co-creation, to explore the possibilities of family filmmaking for everyone.

Mr. Zhou Yang, Founder and CEO of SmallRig, shared the inspiration for the initiative: "The initiative is rooted in the immense universality and profound emotional depth inherent in family narratives, which serve as a common emotional bond connecting global audiences. We firmly believe that in this era, where everyone can be a content creator, every family can and should film their own story. The instinct to create is deeply embedded in the human spirit, and every home is the origin of countless narratives."

Gu Xue, Founder and Director of the FamilyLens International Film Festival, stated: "We hope that people and practitioners around the world who care about family movies can find suitable solutions and gain insights from the Co-Creation Initiatives. We look forward to more and more people exploring the field of 'Home' together through this initiative."

To address the pain points of family filmmaking, SmallRig officially released the SmallRig Family Filmmaking Kit at the opening ceremony. The kit includes a high-quality microphone, fill light, and a portable tripod, specifically designed to achieve "professional function democratization" and "complex feature simplification." During the FamilyLens Workshop, attendees experienced the convenience of the equipment firsthand. Many expressed that the kit truly solves many problems, enabling ordinary families to complete necessary filming without specialized photography knowledge.

Social Impact Screening Program

The 3rd FamilyLens International Film Festival is open to the public from December 6th to 14th. The festival opened with the screening of well-received documentary: K-Family Affairs. In addition to the competition section, the festival features several distinctive sections, including the Reframing Home Movies— An Italian Retrospective, Youth Film Program,  Filmmaker in Focus, and the Social Impact Program. Four major awards, such as the Real-Life Portrait Award and the Artistic Exploration Award, will also be presented.

As a key component of the Co-Creation Initiatives, the SmallRig Image Development Fund partnered with the FamilyLens International Film Festival to curate the "Social Impact Screening Program." This unit focuses on elevating awareness of critical issues within the family unit, advocating for a new reflection: "Starting with Seeing, Concluding with Understanding."

Arum Nam, Director of K-Family Affairs, stated:

"Starting with the stories of your family, your friends, and yourself, I believe this personal narrative can connect directly to the bigger society."

SmallRig believes that truly meaningful social impact storytelling stems from awareness in proximity—achieved by using the lens to penetrate the daily surface and enabling a deep, empathetic "Seeing with Empathy."

The four featured works in this unit are:

  • People of the Ascent
  • Granny's Lost and Found
  • Ruixi at Fourteen
  • No Country For My Maternal Grandma

These films highlight four family issues that require "seeing": the yearning of left-behind children, the mental isolation of Alzheimer's patients, the elderly searching for subjectivity in their drifting lives, and the emotional volatility and struggle of Bipolar Disorder.

Strategic Outlook and Future Expansion

SmallRig will continue to support the Family Filmmaking Co-Creation Initiative's deep development through promotional campaigns and practical workshops focused on family movie scenarios.

The overall goal of SmallRig's Global Co-creation Initiative is to continuously explore and meet the growing, diverse needs of global creators across different vertical domains. SmallRig is committed to persistently expanding the co-creation model into more imaging sectors, collaborating with industry partners to push the boundaries of imaging and grant global creators broader creative freedom.

About SmallRig

Founded in 2013, SmallRig is an innovation-driven global company that designs and manufactures comprehensive support solutions and accessories for all content creation needs. Trusted by over four million creators globally, SmallRig pioneered the User Co-creation Design (UCD) philosophy and the DreamRig Program.

For more information, visit: www.smallrig.com.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

SmallRig and FamilyLens Launch Global Family Filmmaking Initiative at 3rd FamilyLens International Film Festival

Recommended Articles