The move continues a trend of Thailand’s major traditional financial institutions moving into crypto.
Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
Siam Bank Launches $50M Blockchain Fund
The fund will focus on global early and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand’s oldest bank says.