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

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 16 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 21 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.