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Market News

Vietnam Unveils World’s Fifth Statue of Satoshi Nakamoto

The world’s fifth Satoshi statue is housed in Vietnam's first permanent exhibition space for blockchain technology, digital assets, and art.

Written By Manmit Kahlon
Fact Checked by Gopal Solanky
Published 2025-09-10
Make The Crypto Times preferred on GoogleGoogle
Vietnam Unveils World’s Fifth Statue of Satoshi Nakamoto

Vietnam is now the fifth nation, after Hungary, Switzerland, El Salvador, and Japan, to have a statue of Satoshi Nakamoto. The statue was unveiled at the Blockchain Gallery, which is Vietnam’s first permanent exhibition space for blockchain technology, digital assets, and art. 

According to a local report, the Vietnam Blockchain Association (VBA) and the 1Matrix company worked together to inaugurate the Blockchain Gallery and the statue in Hanoi on September 9. The statue is meant to honor the father of digital currency and show how Vietnam is becoming more important in global Web3 and blockchain innovation, according to the people who put it up.

Phan Duc Trung, who is the head of both VBA and 1Matrix, said that the Blockchain Gallery and Satoshi statue will always be at 1Matrix’s headquarters in Hanoi’s Times City apartment complex. The venue will be open to the public every Saturday, and the plan is to copy the model across the country to get more people involved in Vietnam’s growing Web3 community and make blockchain less mysterious for the general public.

Italian artist Valentina Picozzi designed the statue, which is unique because it looks solid from some angles but fades when you look at it from the front. This is to symbolize that Nakamoto has left the public eye and that Bitcoin is decentralized.

Also Read: US Files Forfeiture Action on $12M Funds Involved in Crypto Frauds

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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