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The digital arm of Thailand’s SCBX and Korean Web3 Firm, Hashed Ink R&D announced their partnership.
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The partnership comes weeks after KBank, a rival of SCBX’s parent, announced a $100 Million Web3 fund.
SCB X Public Company Limited (SCBX), one of Thailand’s largest financial institutions, has signed a partnership deal with one of Korea’s biggest Web3 investors, Hashed. However, the two firms have yet to name any specific projects they are working on, but that’s expected soon.
The Web3 Centered Partnership
In a press release sent out on Wednesday, SCBX and Hashed announced that they have signed an agreement to work on a joint R&D initiative. Their team-up events are aimed at promoting decentralized technology adoption regionally and globally.
Meanwhile, many of Asia’s largest financial institutions are still skeptical of crypto. Despite a not-so-supportive regulatory environment in the region, SCB has shown its massive interest in
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