Standard Chartered Bank and SBI Holdings partner to invest $100 million in crypto startups
SC Ventures, the investment department of Standard Chartered Bank, and Japanese financial group SBI Holdings have partnered to establish a cryptocurrency company worth $100 million in the United Arab Emirates. The two companies announced on Thursday that the company plans to invest in cryptocurrency in areas such as decentralized finance, tokenization, infrastructure, payments, and virtual worlds as a joint venture. Its goal is to invest globally, covering seed rounds to Series C financing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
