On September 9th, 2025, the Vietnam Blockchain and Digital Assets Association (VBA), in collaboration with 1Matrix, officially inaugurated the fifth Satoshi Statue and Blockchain Gallery globally. The event was attended by representatives from key government agencies, including the National Assembly’s Economic Committee, the Government Office, the Government Cipher Committee, the Ministry of Science and Technology, along with more than 300 participants from Web3 communities across the country.
The Satoshi Statue and Blockchain Gallery are VBA’s initiatives, designed to create a unique space combining culture, history, and technology, a new and distinctive destination for the domestic and international Web3 community.
The event brought together government agencies and over 300 participants from Web3 communities nationwide.
Ms. Nguyen Van Hien, Vice Chairwoman and Secretary General of VBA, who initiated and brought the project to life, shared: “This is the fifth Satoshi Statue in the world, symbolizing decentralization, technology, and the spirit of innovation. Before Vietnam, statues of Satoshi had been placed in Hungary, Switzerland, El Salvador, and Japan, each version acknowledging the special contributions of Bitcoin’s creator to the global fintech industry.”
Phan Duc Trung, Chairman of VBA & Chairman of 1Matrix, emphasized that the first Satoshi Statue and Blockchain Gallery in Vietnam is located at the 1Matrix headquarters in Times City, Hanoi, and will be open to the public every Saturday.
“To capture the special meaning of the ‘disappearing’ Satoshi Statue, we chose a location that faces a wide-open space and leans against the Red River, with the hope that the growth of digital assets in Vietnam will always flow ceaselessly, like a stream nourishing the country’s digital economy,” Mr. Trung said.
The symbol unveiled in Vietnam is the “disappearing” version, designed by Italian artist Valentina Picozzi. It features a unique effect: when viewed from the side, the statue appears to vanish when seen directly from the front, a metaphor for how Satoshi Nakamoto disappeared completely after building Bitcoin and handing it over to the global community. Valentina dedicated 21 months to designing and testing this version to capture the decentralized spirit and cultural essence of Bitcoin fully.
The Blockchain Gallery is envisioned as a place where technology meets art, where lines of code are elevated into emotion, and where the history of blockchain, Bitcoin, and digital assets is reimagined through a creative lens. It recounts the journey of blockchain technology, from its early beginnings to its global breakthrough, through artworks that combine oil painting techniques with AI, conceptualized and created over many months by young artists of VBA.
Ms. Nguyen Van Hien - the initiator who brought the world’s 5th Satoshi Statue to Vietnam.
“Blockchain Gallery proves that blockchain is not just technology but also culture, contributing to the values that shape real life. For the first time in Vietnam, the public can step into an exhibition dedicated to blockchain and digital assets, and directly experience and share the spirit of innovation in the 4.0 era,” Ms. Hien added.
