Inside the Work: How Vemanti Helps Build Digital Asset Ecosystems That Last
By Vemanti Group
Vietnam has been part of the global digital asset dialogue for some time — not just following it, but influencing it.
On June 2, 2025 (Vietnam time), Vemanti Group participated in a working session hosted by the Vietnam Blockchain Association (VBA) — the nation’s first government-recognized blockchain organization. The topic: how to build digital asset exchanges that are innovative, secure, transparent, and built for Vietnam's specific regulatory and market realities.
Representing both ONUS Finance UAB, our portfolio company, and Vemanti Group, Matthew White met with Mr. Tran Huyen Dinh, Head of VBA’s Fintech Application Committee. Their conversation reflected a shared understanding. Vietnam is entering a critical phase. The question is no longer whether digital asset regulation will happen, but whether it will work as intended in practice.
From Sandbox Ambition to Institutional Design
Effective regulation starts with principles, not paperwork.
Mr. Tran outlined three foundational elements that should guide Vietnam’s legal framework: operational transparency, risk supervision, and user protection. These are not checkboxes. They are structural decisions that determine whether innovation scales with stability or collapses under friction.
He referenced how jurisdictions like Singapore, Japan, and Germany have implemented sandbox models that allow for real-world testing before final legislation is introduced. These markets did not rush. They listened, adapted, and treated regulation as an iterative process.
To support this point, Mr. Tran also cited a May 2025 report from the Atlantic Council. The report shows that 28 countries have already implemented comprehensive regulatory frameworks for digital assets. These include taxation, anti-money laundering and counter-terrorism financing, consumer protection, and licensing with disclosure. For Vietnam, the opportunity is not to invent from scratch but to localize from experience.
ONUS at the Table: When Operators Inform Policy
ONUS is more than a platform. It’s a testbed — a live, scaled example of what compliant, user-first digital finance from Vietnam can look like in practice. With over 4.5 million users and operations in Lithuania, Poland, and Vietnam, ONUS is already working under global regulatory standards.
Bringing the operator’s perspective into the room, Matthew shifted the conversation from theory to execution. While VBA emphasized regulatory architecture, his focus was on how policy holds up in day-to-day operations. His message was clear: rules that cannot scale in practice risk becoming irrelevant. Effective regulation lives in the space where ambition meets implementation.
“Security, transparency, and user experience are not slogans. They’re infrastructure,” he said. “And when they break, trust breaks with them.”
This perspective comes not from theory, but from practice. With years of investment experience in Southeast Asia through roles at Saigon Asset Management, Tano Capital, and Stanford Capital Partners, Matthew has seen how regulation succeeds only when it can scale alongside innovation.
Building Ecosystems, Not Just Companies
The collaboration between ONUS and VBA is not limited to regulatory dialogue. It extends into broader ecosystem-building efforts, including blockchain education, startup development, and fintech training for Vietnam’s emerging generation of builders and leaders.
Sessions like this one serve as a reminder. Regulation is not just about compliance. It is about trust. And trust is built not through slogans or white papers, but through consistent engagement between policymakers, entrepreneurs, and institutional investors who are committed to long-term outcomes.
At Vemanti, we believe investing in digital infrastructure means investing in the systems that surround it. That includes legal clarity, ethical alignment, and the partnerships required to make innovation both possible and durable.
Vietnam’s digital asset sector is still taking shape. But what matters now is not just the speed of development, but the integrity of what gets built. We are committed to helping shape that foundation.
Vemanti Group
