Thailand Oldest Bank Launches $50 million Blockchain Fund for Startups

Thailand's oldest bank Siam Commercial Bank (SCB), has launched a $50 million fund for blockchain, DeFi, and Digital Startups. This development is expected to contribute to the growth of startups in Thailand.  $50 Million Digital Fund Siam Commercial Bank revealed today that venture arm SCB 10X would execute the $50 million funds. SCB 10X will select startups in these sectors and participate in seed and incubate projects.  SCB 10X has experience investing in companies within the cryptocurrency niche. The venture-fund…