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Pioneers global tech innovation via strategic venture investment and ecosystem building.
SCB 10X is the technology investment subsidiary within SCBX Group, established to guide their 'Moonshot Mission' aimed at pioneering tech innovation through strategic investments. Positioned as a catalyst for innovation, SCB 10X targets sectors that offer exponential growth potential, primarily through investments in disruptive technologies such as blockchain, Web3, artificial intelligence, and fintech. Operating from Bangkok with its innovation hub, DistrictX, SCB 10X serves as a collaborative ground drawing in global entrepreneurs and tech innovators. These interactions foster the co-creation and development of groundbreaking technologies. Strategically, SCB 10X integrates venture capital funding with active incubation, leveraging its extensive network to support startups not only financially but also through technical collaboration and guidance. Their organizational structure includes Tech Labs and R&D units dedicated to exploring and experimenting with new technology advances, ensuring they remain at the cutting edge of innovation. This approach has allowed them to diversify their portfolio considerably, highlighting partnerships with other companies to extend their influence a...
SCB 10X is the technology investment subsidiary within SCBX Group, established to guide their 'Moonshot Mission' aimed at pioneering tech innovation through strategic investments. Positioned as a catalyst for innovation, SCB 10X targets sectors that offer exponential growth potential, primarily through investments in disruptive technologies such as blockchain, Web3, artificial intelligence, and fintech. Operating from Bangkok with its innovation hub, DistrictX, SCB 10X serves as a collaborative ground drawing in global entrepreneurs and tech innovators. These interactions foster the co-creation and development of groundbreaking technologies. Strategically, SCB 10X integrates venture capital funding with active incubation, leveraging its extensive network to support startups not only financially but also through technical collaboration and guidance. Their organizational structure includes Tech Labs and R&D units dedicated to exploring and experimenting with new technology advances, ensuring they remain at the cutting edge of innovation. This approach has allowed them to diversify their portfolio considerably, highlighting partnerships with other companies to extend their influence across the AI and blockchain sectors.
SCB 10X is the digital technology investment arm of Siam Commercial Bank, a leading financial institution in Thailand. It focuses on investing in blockchain technology, digital assets, and other emerging technologies to innovate the financial sector. By aligning with advancements in decentralized finance (DeFi) and the blockchain ecosystem, SCB 10X aims to drive digital transformation within banking, enhancing financial services and consumer experiences.
SCB 10X utilizes blockchain technology by investing in and establishing partnerships within the crypto and blockchain sectors. These initiatives aim to integrate blockchain's capabilities to improve financial services, including payment systems and asset management. Through its SCB 10X Blockchain initiative, the company explores various blockchain applications to offer innovative solutions in the finance industry.
SCB 10X primarily invests in exponential technologies like blockchain, digital assets, big data analytics, machine learning, location positioning, and quantum computing. These investments are directed towards fintech, blockchain, and digital asset ecosystems to support financial innovation and transformation on a global scale.
SCB 10X benefits the fintech industry by fostering innovation through strategic investments and partnerships in emerging technologies. By supporting entrepreneurs and pioneering ideas, SCB 10X enhances financial services, particularly in decentralized finance (DeFi). This approach not only improves consumer experience but also positions SCB 10X as a transformative force in the digital banking landscape.
Unlike traditional financial services, SCB 10X embraces digital and decentralized finance innovations. By focusing on blockchain and digital assets, SCB 10X provides cutting-edge solutions that traditional services may not offer, such as enhanced security, transparency, and efficiency in transactions, positioning itself as a leader in digital transformation.
Entrepreneurs should understand that SCB 10X is committed to innovation and long-term value creation. They should ensure their projects align with SCB 10X's focus on exponential technologies like blockchain and digital finance. By collaborating on ventures that promise significant impact, entrepreneurs can leverage SCB 10X’s resources and expertise to achieve mutual success.
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