Proposal to build digital assets based on the first ETF Fund in Vietnam

On April 10, at the Workshop “Sharing experiences in managing and operating centralized crypto-asset exchanges” organized by the Vietnam Blockchain Association (VBA), Dragon Capital Vietnam Investment Fund Management Joint Stock Company proposed an initiative to build the first digital asset in Vietnam based on an Exchange Traded Fund (ETF). This is considered a breakthrough step, opening up a new direction for the financial market in the digital era.

Báo Sài Gòn Giải phóng•10/04/2025

Accordingly, Dragon Capital proposes to tokenize ETFs currently listed and traded on the HOSE, by tokenizing traditional assets (Real World Assets - RWAs) through the blockchain platform. All trading, valuation and asset management activities will be transparent with real-time auditing capabilities and instant data retrieval.

Representatives of Vietnam Blockchain Association and Dragon Capital Investment Fund announced bilateral strategic cooperation

Mr. Beat Schuerch, CEO of Dragon Capital, commented: “The pilot project to tokenize ETFs will be an important milestone for the Vietnamese financial market, marking the first time a traditional asset is integrated into blockchain technology.”

This initiative is expected to standardize digital asset investment activities, increase transparency, and facilitate investors to access digital assets safely and effectively. In the context that many countries have issued a pilot legal framework and gradually legalized digital products, Vietnam has a favorable opportunity to make a breakthrough.

On this occasion, VBA and Dragon Capital also signed a strategic cooperation agreement to promote in-depth research and consulting on blockchain and digital assets in Vietnam.

Dragon Capital is currently one of the oldest fund management companies in Vietnam, with more than 30 years of operation in areas such as portfolio management, economic analysis, trading and investment research, serving a diverse range of domestic and foreign investors.

BUI TUAN

Source: https://www.sggp.org.vn/de-xuat-xay-dung-tai-san-so-dua-tren-quy-etf-dau-tien-tai-viet-nam-post790020.html