Major Thai bank's venture arm sets up $50M fund to invest in blockchain, DeFi

by Aurelia Butler 9 February 2021, 11:40 159 Views

The fund is just the latest of Siam Commercial Bank’s forays into the blockchain and fintech space. The institution has previously partnered with Ripple on a blockchain-powered mobile app and worked with Azimo to use RippleNet for cross-border payments. Given that Thailand is a major remittances destination, the SCB appears to be well aware of the potential benefits blockchain and other fintech developments stand to offer the country.

Continue Reading on Coin Telegraph

Source: Cryptocurrency - investing.com

Analysis: In a harsher trade world, EU arms itself for future conflicts

The dilemma facing foreign investors in Myanmar

This portal is not a newspaper as it is updated without periodicity. It cannot be considered an editorial product pursuant to law n. 62 of 7.03.2001. The author of the portal is not responsible for the content of comments to posts, the content of the linked sites. Some texts or images included in this portal are taken from the internet and, therefore, considered to be in the public domain; if their publication is violated, the copyright will be promptly communicated via e-mail. They will be immediately removed.

Major Thai bank's venture arm sets up $50M fund to invest in blockchain, DeFi

Analysis: In a harsher trade world, EU arms itself for future conflicts

The dilemma facing foreign investors in Myanmar

ITALIAN LANGUAGE

ENGLISH LANGUAGE