In an interview discussing solutions for developing the digital asset market in Vietnam, the leaders of the TCEX digital asset exchange made a prominent recommendation: the pilot issuance of securities in Token form should be allowed soon. According to TCEX, this is not only a technological experiment but also a strategic solution to address the widespread " Capital shortage and asset surplus" in the economy.
According to TCEX's analysis, Tokenize securities will help businesses effectively utilize available resources, transforming assets into transparent and flexible Capital tools. This model also opens up access to Capital for small and medium-sized enterprises (SMEs), which often face difficulties in obtaining bank loans or issuing traditional securities. For investors, Token securities offer greater diversity of choices while enhancing transparency thanks to blockchain technology.
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TCEX emphasized that the pilot issuance of Token securities will allow regulators to assess the practice and develop a suitable legal framework. This is a necessary step for Vietnam to catch up with the global trend of digital finance, where many countries have already piloted the Tokenize of assets and securities. For example, Singapore, Switzerland, and Germany have all had pilot projects to test the feasibility of this model.
