# Siam Commercial’s VC Arm Launches $50M Fund For Blockchain Startups By Coinness Canonical URL: https://www.tokenpost.com/news/investing/6547 Published: 2021-02-09T07:47:02.000Z Updated: 2021-02-09T07:47:02.000Z Section: Investing > SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has set up a new US$50 million fund to invest in blockchain, decentralized finance, and digital assets. SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has set up a new US$50 million fund to invest in blockchain, decentralized finance, and digital assets. The new fund will invest globally in startups focused on blockchain infrastructure and innovative applications as well as decentralized finance. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)