Fystack Recognized by Da Nang Government Portal: A Step Toward Trusted Web3 Infrastructure
Anh Phan
Author
We’re honored to share that Fystack has been featured on the official Da Nang Government portal as the project that took second place at Super Vietnam PitchFest 2025!
👉 Read the official announcement here: 5 dự án đoạt giải tại cuộc thi khởi nghiệp Super Vietnam PitchFest 2025 – Danang.gov.vn (5 winning projects at the Super Vietnam PitchFest 2025 startup competition – Danang.gov.vn)
Second place went to team Fystack with a crypto wallet that uses MPC technology to increase security for developers.
[Danang Government Portal] - https://danang.gov.vn/
Danang: Vietnam’s Rising Tech Capital
More than just a coastal city, Danang is emerging as a strategic hub for fintech, blockchain, and AI startups in Asia-Pacific. With strong government backing and world-class events like Super Vietnam Week, the city aims to become a center of innovation and digital finance, offering ground for businesses building the future of Web3.
Our Solution: Secure, Affordable Wallet Infrastructure for Web3 startups
Fystack’s mission is to deliver hack-resistant, developer-friendly web3 wallet infrastructure powered by Multi-Party Computation (MPC) and Trusted Execution Environment (TEE), at a price point that makes sense for startups and enterprises alike. We are the Vietnam's pioneering premium wallet infrastructure in Vietnam, rapidly emerging as a go-to choice for small Web3 startups in the APAC market.
Here’s what sets us apart:
✔ Distributed key management using advanced cryptography
✔ Automated key rotation to prevent attacks and ensure resilience
✔ Developer-first APIs for seamless integration
✔ Pricing starting at $50/month, 10x more affordable than global competitors like Fireblocks or BitGo
Being recognized on an official government platform is more than an honor, it reinforces our commitment to security, compliance readiness, and supporting Vietnam’s vision for a robust digital economy.
A heartfelt thank‑you to Orochi Network, FPT Online, DSAC and VNExpress for organizing such an inspiring event, and to the judges for recognizing our vision. This award underscores our mission to bridge Web2 businesses and Web3 security with Fystack’s open‑source MPC wallet infrastructure: enterprise‑grade custody that never sacrifices usability.
Stay tuned for what’s next, and follow our journey on Twitter
