$200 million investment platform launches to support innovation (SSI)

Jan 23rd at 15:49
23-01-2025 15:49:05+07:00

$200 million investment platform launches to support innovation (SSI)

SSI Digital Ventures launched to provide capital support to innovative businesses, especially in the fields of digital technology and blockchain and will prioritise Vietnamese start-ups.

Chairman of the Board of Directors of SSI Securities Corporation Nguyễn Duy Hưng speaking at the event. — Photo VGP

SSI Securities Corporation officially launched SSI Digital Ventures, marking a significant step in supporting innovation-driven businesses in Việt Nam.

Managed by SSI Asset Management Co Ltd (SSIAM), a subsidiary of SSI Securities, SSI Digital Ventures aims to empower tech start-ups to build sustainable value through innovative solutions.

With a vision to become a leading investment platform in digital technology and blockchain across Southeast Asia, it focuses on providing financial resources, strategic guidance and essential conditions to help young enterprises thrive.

Chairman of SSI Securities Corporation, Nguyễn Duy Hưng, emphasised the establishment of SSI Digital Ventures is one of the necessary steps in funding start-ups seeking capital to realise their ideas.

“Our goal is to be a companion to start-ups and project owners. We have no intention of acquiring or controlling any projects but aim to participate in supporting, contributing and sharing to guide the project to success,” Hưng said.

CEO of SSI Digital Technology Joint Stock Company (SSI Digital) Mai Huy Tuần added that SSI Digital Venture will prioritise Vietnamese projects. 

Its broader goal is to develop a comprehensive ecosystem to bring projects to the world, exporting Vietnamese intelligence and innovation to international markets.

SSI Digital Ventures is currently worth about US$200 million, with potential growth to $500 million as it engages with other partners and investment funds.

In 2025, the platform aims to invest in at least ten projects, focusing on blockchain and AI in Việt Nam, with a total disbursement target of $10 million. 

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