SC Ventures and SBI Holdings launch $100 million crypto plan in the UAEThe new company will focus on companies in areas such as DeFi, market infrastructure, and tokenization.
SC Ventures, the investment arm of Standard Chartered Bank, and SBI Holdings, the Japanese financial group, have teamed up to build a $100 million cryptocurrency program in the United Arab Emirates.
Dubbed the "Digital Asset Joint Venture," the new institution will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization.
Digital Asset Joint Ventures
According to the official press release, the digital asset joint venture plans to allocate funds across various investment stages, from seed to Series C financing, with a focus on global investment opportunities.
Alex Manson, CEP of SC Ventures, said the new tool is also expected to increase the impact of investments in fintechs such as Ripple and Metaco...
奔跑财经·2023-11-10 02:54