KBank,Thailand's second-largest bank by assets foray into Web3 and AI with $100 Mn AI Fund.
Kasikornbank (KBank), Thailand's second-largest bank, has entered the Web3 space by launching the KXVC fund. The fund, led by experienced venture capitalists, will invest in AI, Web3, and deep tech startups. Despite a challenging crypto venture capital landscape, KBank aims to foster innovation and expand its digital presence in APAC.
Source: techstory.in