The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
The digital assets arm of one of Thailand’s largest financial institutions has signed a partnership deal with one of Korea’s biggest Web3 investors.
In a press release sent out on Wednesday, SCBX and Hashed announced that they have signed an agreement to work on joint R&D initiatives and events aimed at promoting decentralized technology adoption regionally and globally. “This partnership amalgamates the expertise of a reputable institution with the technological and philosophical foundations of Web3,” Simon Seojoon Kim, CEO & Managing Partner, Hashed, said in a release. “I am confident that this partnership will significantly nurture the growth of the Web3 ecosystem, extending its influence not only across Southeast Asia but also on a global scale."
While many of Asia’s largest financial institutions are still skeptical of crypto, despite a warming regulatory environment in the region, SCB has invested heavily in the market. In 2021, SCB announced that SCBX, its venture arm,
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kedon Slovis kept BYU alive with his arm, but he needs help on the groundKedon Slovis threw it the most in the Aaron Roderick era. How sustainable is that for the offense going forward?
Read more »
Airbus picks sales chief Scherer to run jetmaking arm -sourcesAirbus is set to appoint sales chief Christian Scherer as the head of its core planemaking business in its biggest management revamp for years, as it juggles supply pressures with challenges in defence and space, industry sources said.
Read more »
Braves mascot channels Derrick Henry with brutal stiff arm on youth football player during Vikings halftimeBlooper, the Atlanta Braves official mascot, went viral on social media Sunday night after his performance against a youth football team during halftime of the Vikings-Chargers game.
Read more »
Saskatoon police dog seriously injured man's arm: provincial police watchdogThe Saskatchewan Serious Incident Response Team said Monday it is investigating the Saskatoon arrest in which a man was seriously injured.
Read more »
Airbus names sales chief Scherer CEO of planemaking arm By ReutersAirbus names sales chief Scherer CEO of planemaking arm
Read more »
Airbus names sales chief Scherer CEO of planemaking armAirbus confirmed the appointment of sales chief Christian Scherer as CEO of its core planemaking operation on Tuesday, restoring dedicated leadership of its main business for the first time in four years as it steps up jet production.
Read more »