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Lok Phat Crypto Asset Exchange JSC (LPEX) has announced it changed its corporate name to Sacom Crypto Asset Exchange JSC, with the abbreviation SCEX. The change took effect on 28 April 2026.
The company’s legal representative is Mr. Nguyen Duy Phong (born 1988), who currently serves as Chief Executive Officer. Sacom Crypto Asset Exchange JSC was established on 30 September 2025 and is headquartered in Hanoi.
Its core business includes investment advisory, mortgage brokerage, and related entrusted and supervisory activities. Charter capital at establishment was 6.8 billion dong, contributed by three founding shareholders: Duong Van Quyet (40%), Nguyen Thi Bich Ngoc (30%), and Vu Phat Dat (30%).
By February 2026, the company increased its capital for the first time to 360 billion dong. The largest shareholder is Mr. Duong Van Quyet (born 1989), who previously was a major shareholder at Thaigroup.
On its official website, the company describes itself as a crypto asset exchange that is in the pilot licensing process, aiming to connect the traditional economy with the world of digital assets in a manner described as safe, legal, and sustainable.
The company is also part of the LP ecosystem, alongside LPBank, LPBS Securities, and Sacombank.
Recent developments in the LP ecosystem include changes involving Mr. Nguyen Duc Thuy. He reduced his stake in LPBank and resigned as Chairman of LPBank for personal reasons, a move that was approved by LPBank’s shareholders.
After stepping down at LPBank, Mr. Nguyen Duc Thuy assumed the position of Standing Vice Chairman of Sacombank, directly overseeing strategic direction, governance, and long-term development of the bank.
At Sacombank’s 2026 Annual General Meeting (AGM), Mr. Nguyen Duc Thuy was elected to the board of directors, replacing Ms. Nguyen Duc Thach Diem.
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