The digital assets arm of one of Thailand’s largest financial institutions has signed a partnership deal with one of Korea’s biggest Web3 investors. In a press release sent out on Wednesday, SCBX and Hashed announced that they have signed an agreement to work on joint R&D initiatives and events aimed at promoting decentralized technology adoption regionally and globally. This partnership amalgamates the expertise of a reputable institution with the technological and philosophical foundations of Web3. While many of Asia’s largest financial institutions are still skeptical of crypto, despite a warming regulatory environment in the region, SCB has invested heavily in the market.
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