SCB 10X keeps the faith in blockchain investments despite crypto crisis

SCB 10X keeps the faith in blockchain investments despite crypto crisis

Thai megabank SCBX to steer fintech holdings through crypto crisis. Photo: SCBX Website

SCB 10X, the venture capital arm of Thailand’s oldest bank, is holding on to its investments in blockchain and digital asset infrastructure, which it believes will serve the bank in the long run, despite a market downturn that has wiped out crypto industry giants, including former portfolio company BlockFi.

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