Siam Commercial Bank Launches $50 Million Blockchain Fund. What’s the Focus?

SCB 10X, Siam Commercial Bank’s venture capital arm, said it has launched a new $50 million fund to invest in blockchain, digital asset, and decentralized finance (DeFi) startups.

The fund will focus on global early and growth-stage companies that will shape the next generation of financial services and digital systems, the venture capital arm of Thailand’s oldest bank announced.

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