Express

Siam Commercial Bank, A Traditional Thai Bank, Launches $50 Million Blockchain Fund

Mary Liu

Summary: SCB 10X, the venture capital arm of Siam Commercial Bank, a traditional Thai bank, announced that it has launched a $50 million blockchain fund, aiming to invest in blockchain, digital assets, and DeFi startups. SCB 10X has previously invested in Ripple, BlockFi, and DeFi platform Alpha Finance. Chief Venture Capital Officer Mukaya Panich said that ...

SCB 10X, the venture capital arm of Siam Commercial Bank, a traditional Thai bank, announced that it has launched a $50 million blockchain fund, aiming to invest in blockchain, digital assets, and DeFi startups.

SCB 10X has previously invested in Ripple, BlockFi, and DeFi platform Alpha Finance. Chief Venture Capital Officer Mukaya Panich said that blockchain-based financial services have the potential to promote the development of inclusive finance, achieve open access and encourage fintech innovation.

By Mary Liu

Last Update:

Tags: ,,,,,,
Link: Siam Commercial Bank, A Traditional Thai Bank, Launches $50 Million Blockchain Fund   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 16 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... November 22, 2025
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.