Subscribe to Our Newsletter
Monday June 27, 2022
Bitcoin (BTC) $21,100.00   Ether (ETH) $1,214.00
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Investment Management

Siam Commercial Bank venture arm creates new $50M blockchain fund

Published by CryptoNinjas.net
02/09/2021
Siam Commercial Bank venture arm to launch USD $50M blockchain fund

SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced it will create a new USD $50 million VC fund dedicated to investing in global early and growth stage blockchain, decentralized finance (DeFi), and digital asset startups.

The Siam Commercial Bank venture arm has an admirable record of early investment in top companies including: blockchain payments network, Ripple, crypto lending platform, BlockFi, and Alpha Finance.

“In the financial industry, blockchain-enabled financial services have the potential to broaden financial inclusion, facilitate open access, and encourage innovation. With our new $50M VC fund, we will invest across the capital stack in innovative and promising startups in blockchain infrastructure, blockchain innovative applications, and decentralized finance globally, to better prepare the bank for future disruption.”
– Mukaya (Tai) Panich, Chief Venture and Investment Officer at SCB 10X

10
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: SCB 10X

Related News

Siam Commercial Bank the first to utilize “multi-hop” on Ripple network

09/28/2018
Siam Commercial Bank the first to utilize “multi-hop” on Ripple network

Cross-border blockchain payment network Ripple announced today that Siam Commercial Bank (SCB), the first bank in Thailand will now be the first financial institution on RippleNet to explore a key feature called “multi-hop”, which...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Input Output launches suite of sidechains for Cardano blockchain

Input Output launches suite of sidechains for Cardano blockchain

06/20/2022
Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

06/21/2022
Crypto payment processor CoinPaid increases capital reserves to 5M EUR

Crypto payment processor CoinsPaid increases capital reserves to 5M EUR

06/20/2022
Polygon DAO integrates DiD service to prevent hostile takeovers and whales

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

06/22/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
SithSwap raises $2.65M to build next-gen AMM on StarkNet

SithSwap raises $2.65M to build next-gen AMM on StarkNet

06/23/2022
Blockchain data platform Chainalysis introduces 'Crypto Incident Response Program'

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

06/22/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy