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20 Apr 2026

Baker McKenzie Vietnam Advises OKX on Strategic Investment in CAEX Vietnam

"Baker McKenzie Vietnam advised OKX on its strategic investment in CAEX Vietnam, a locally developed crypto asset exchange. The firm provided regulatory, transaction documentation and negotiation support. The deal involves founding Vietnamese shareholders VPBankS and LynkiD and aims to establish a Vietnam-focused digital asset exchange platform."

Baker McKenzie Vietnam advised OKX, a leading global digital assets exchange and Web3 technology company, on its strategic investment in CAEX Vietnam, a locally developed crypto asset exchange platform; the transaction also involves founding Vietnamese shareholders VPBankS and LynkiD. The transaction concerns OKX’s strategic investment in CAEX Vietnam with the parties intending to develop a Vietnam-focused digital asset exchange platform. Baker McKenzie Vietnam advised OKX on all aspects of the transaction, including regulatory advice, transaction documentation and negotiations. This engagement reflects the firm’s experience advising global digital asset platforms and Web3 companies on complex, cross-border investments in Vietnam and across Southeast Asia, particularly in emerging and highly regulated sectors. Baker McKenzie Vietnam represented client OKX with a team composed by: Partner Chris Milliken; Senior Associate Vu Quynh Trang Nguyen; Associates Thi Loan Mai and Thi Bich Hanh Phan (support on the M&A/investment side); Partner Tran Manh Hung, Special Counsel Nguyen Huu Tuan, Senior Associate Le Thu Minh and Associate Dang Minh Tan (regulatory, product and commercial advice); and Special Counsel Pham Thuy Van (payment law advice).
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