Bithumb, South Korea's second-largest cryptocurrency exchange, has signed a memorandum of understanding with Vietnam's SSI Digital (SSID) to offer digital asset trading services in Vietnam. The collaboration focuses on establishing and operating a local digital asset exchange. SSID, a subsidiary of Vietnam's largest securities firm SSI, supports blockchain and AI startups. The partnership will involve cooperation in areas such as wallet and custody systems, security and risk management, compliance, and business and product development. Subject to local regulatory approval, Bithumb may consider a strategic investment in SSID's upcoming crypto exchange.