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The largest Vietnamese distribution company, Linh Thanh Group, has signed a memorandum of understanding with KRONN Venture AG for the production of crypto and the establishment of a crypto exchange, according to the official press release.
KRONN Ventures AG is a blockchain company widely recognized as a leader in blockchain technology in Switzerland.
By combining the Linh Thanh Group 's distribution network with KRONN Ventures, the impact will be widely felt, not only in Vietnam, but also in other surrounding Asian countries, the announcement said.
Last year, Vietnam and Turkey closed the top five countries in terms of number of exchanges and cryptographic traders.
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