While attention has focused on funds like OKX Ventures and Hashkey Capital, another name has played a more significant Vai in the structure of CAEX: LynkiD.
According to available information, LynkiD holds approximately 50% of the shares in CAEX, indicating Vai extends beyond just a technology partner to include one of the key players shaping the ecosystem.
LynkiD is known as a technology company developing a loyalty platform, collaborating with VPBank and possessing a user base of millions. This is a significant advantage in the context of the crypto market, where the challenge is not just about the product, but also about accessibility and user expansion.
The key takeaway lies in the quality of the user base. If originating from the banking ecosystem and loyalty programs, this user group tends to have verified identities, a clear financial history, and a higher conversion potential compared to conventional traffic channels.
From a market perspective, this opens up a potential avenue. Instead of relying on organic growth or KOLs, a platform like LynkiD could Vai as an intermediary to distribute users through referral or affiliate mechanisms if implemented in the future.
However, at present, there are no signs that these programs have been expanded. This suggests that the immediate priority may still be completing infrastructure, ensuring legal compliance, and preparing for the operational phase within the sandbox framework.
If CAEX officially goes live, it's likely that user acquisition programs such as referrals, KOLs (Key Opinion Leaders), or distribution partnerships will emerge. In that case, the advantage will most likely go to those who are early adopters and have a thorough understanding of the ecosystem.
Overall, LynkiD isn't a prominent name in the media, but it occupies a key position connecting the Web2 user system with the digital asset market. This Vai , if implemented correctly, could directly influence how the crypto market in Vietnam expands in the coming period.






