Posted 9/14/2023, 8:38:12 AM

KBank Launches $100M Fund to Invest in AI, Blockchain and Deep Tech Startups

KBank, one of Thailand's largest private banks, launched a $100M fund called KXVC to invest in AI, Web3, and deep tech startups.
The fund will target startups in APAC and globally, with a focus on consumer AI, cybersecurity, AI/ML tools, and problem-specific AI.
It will also invest in Web3 infrastructure, blockchain nodes, wallets, L1/L2 protocols, NFTs, and DeFi.
KBank has previously experimented with DeFi and blockchain for cross-border payments.
KBank is Thailand's second largest bank with over $100B in assets.

cointelegraph.com

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