SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE

SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE

SC Ventures, the investment division of Standard Chartered Bank, and SBI Holdings, the Japanese financial conglomerate, have joined forces to establish a $100 million cryptocurrency initiative in the United Arab Emirates. The new vehicle, dubbed Digital Asset Joint Venture, will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization. […]

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