Siam Bank Launches $50M Blockchain Fund

SCB 10X, Siam Commercial Bank’s venture capital arm, said it has launched a $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.

Read more: Coindesk