Siam Commercial Bank launches $50m blockchain, DeFi and digital assets VC fund
SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has launched a new US$50m VC fund dedicated to investing in global early and growth stage blockchain, decentralized finance (DeFi), and digital asset startups.
The venture arm of Thailand’s oldest bank investing such a large sum in digital assets shows the growing institutional interest in DeFi and emerging financial technologies.
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