Bangkok – SCB 10X (https://www.scb10x.com/), the venture capital arm of Siam Commercial Bank of Thailand and one of the largest venture capital funds in Southeast Asia, announced today that it will host its second annual global virtual summit on decentralized finance, REDeFiNE Demain 2021, from July 22 to 23 from 7.45 a.m. to 5.30 p.m. (UTC + 7).
“This event aligns with our company’s mission to create long-term value by investing in exponential technologies,” said Mukaya Panich, director of venture capital and investments at SCB 10X, adding: “SCB 10X recognizes the importance and promise of DeFi, and we hope the summit will help boost awareness and growth of DeFi in Asia. We look forward to actively partnering and working with players in the DeFi ecosystem to worldwide. “
Since its inception in 2020, SCB 10X has established a $ 222 million venture capital fund to invest in and support businesses in the blockchain and DeFi (and other fintech), labor, and fashion industries. of digital life, of digital health and well-being, of the Internet of Things. and deep technology. The fund also includes a $ 50 million blockchain, DeFi and digital asset venture capital fund dedicated to investing in early stage and growing startups globally, with a particular focus on promising startups. in blockchain infrastructure for DeFi and digital assets. SCB 10X has invested and developed multiple collaborative relationships with the blockchain community in Asia and globally including Ripple, BlockFi, Sygnum, Alpha Finance Lab, Anchorage and Anchor, among others.
Thailand has seen an increase in the total number of accounts holding crypto with an increase of 337.5% last year. Many regional players are starting to make a conscious effort to find and develop talent and launch new protocols or projects to boost the adoption of blockchain and DeFi in the region.
Free to all attendees, the DeFi REDeFiNE Tomorrow 2021 Global Virtual Summit will host the industry’s leading minds with the aim of fostering collaboration between founders, developers, investors and end users, and educating the general public. on DeFi and the innovative disruption it can bring. The event will encourage deeper understanding, cooperation and synergy in the cryptocurrency and blockchain industry.
Important themes for this year’s event include global trends and the DeFi landscape, DeFi lending and integration into real-world use cases, the future of crypto custody and the DeFi institution, the future of interoperability between chains, the next step for the non-fungible token market, the future of layer two, the rapid rise of stablecoins, and more, with the participation of notable speakers from the industry, including Changpeng Zhao, founder and CEO of Binance; Sam Bankman-Fried, co-founder and CEO of FTX; Robert Leshner, Founder and CEO of Compound Labs; Stani Kulechov, founder and CEO of Aave; Kain Warwick, founder of Synthetix; Jeremy Allaire, co-founder and CEO of Circle; Michael Shaulov, co-founder and CEO of Fireblocks; Michael Egorov, Founder and CEO of Curve Finance; Steve Kokinos, CEO of Algorand; Do Kwon, co-founder and CEO of Terra; René Reinsberg, founder and CEO of Celo; Diogo Monica, president and co-founder of Anchorage; Soravis Srinawakoon, co-founder and CEO of Band Protocol; Michael Arrington, founder of Arrington Capital; Ben Forman, Founder and Managing Partner of ParaFi Capital; Michael Anderson, co-founder of Framework Ventures; Arthur Cheong, founder of DeFiance Capital; Jason Choi, general partner of Spartan Group; and much more.
To register for REDeFiNE Tomorrow 2021 and to see the full list of speakers, please visit here.
Note: The content of this document is created by the speaker at his or her discretion. Content made available to the public should not be treated as a recommendation or investment recommendation for a digital asset.
About SCB 10X
SCB 10X, a holding company reporting to Siam Commercial Bank, was formed with a mission to create long-term value by investing in exponential technologies, championing passionate entrepreneurs, empowering the underserved long tail and establishing fruitful partnerships. SCB 10X underlines for the first time in Thailand its differentiation with the “venture builder” activity in order to increase its commercial potential and its strong technological capacities. In addition, SCB 10X oversees all technology companies in the SCB group, including Digital Ventures, SCB Abacus, Monix, as well as technology companies or investments in the future SCB business pipeline. For more information on SCB 10X, please email the company or visit their website.