SCBX and Hashed Partner to Drive Web3 Adoption in the Financial Sector
Thailand’s leading financial technology group, SCBX, has formed a strategic partnership with global Web3 venture capital firm Hashed. The collaboration aims to explore the potential of decentralized technologies, such as blockchain and AI, for broader adoption in the public market.
A Shared Vision for Web3 Adoption
SCBX’s goal of becoming a tech-centric entity aligns with Hashed’s mission to promote the mass adoption of Web3 technologies. The memorandum of understanding between the two companies solidifies their commitment to research and development in Web3 across various business sectors.
Testing and Research Initiatives
Hashed will lead tests on Web3 technologies through its innovative hub, ShardLab. This partnership includes a co-funded R&D project that integrates blockchain innovations into SCBX’s services and affiliates.
The CEO & Managing Partner of Hashed, Simon Seojoon Kim, believes this collaboration will significantly contribute to the growth of the Web3 ecosystem in Southeast Asia and globally.
Promoting Web3 Education and Networking
In addition to their research efforts, SCBX and Hashed plan to organize conferences and gatherings focused on Web3 education, business networking, and talent development. These events aim to bridge the gap between established Web2 enterprises and emerging Web3 ventures.
Dr. Arak Sutivong, Deputy CEO of SCBX, sees this partnership as a crucial step toward establishing SCBX as a leading regional financial technology group.
A Growing Trend in the Financial Sector
This partnership follows similar moves by other major financial institutions in the region, including Kasikornbank (KBank) announcing a $100 million web3 fund. The crypto community eagerly anticipates the innovative solutions that will result from this collaboration.
Hot Take: SCBX and Hashed Collaborate to Drive Web3 Adoption in Finance
SCBX, Thailand’s leading financial technology group, has partnered with Hashed, a global Web3 venture capital firm, to explore the potential of decentralized technologies in the financial sector. This collaboration aims to drive the adoption of blockchain and AI in the public market. Hashed will lead tests and research initiatives through its hub, ShardLab, while both entities will combine resources for a co-funded R&D project. Additionally, SCBX and Hashed plan to organize events promoting Web3 education and networking. This partnership follows a growing trend of major financial institutions embracing Web3 technologies. The crypto community eagerly awaits the innovative solutions that will emerge from this collaboration.
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