SCBX of Thailand and Korean Hashed Ink Forge R&D Partnership in Web3

By: Eva Baxter

The digital division of Thailand's SCBX and Korean Web3 firm Hashed have entered into a research and development partnership. This strategic alliance comes shortly after KBank, a competitor of SCBX's parent organization, established a $100 million web3 fund.

The aim of this bilateral collaboration is to foster the growth and adoption of web3 technologies within their operating regions and beyond. Despite the competitive environment, both firms recognize the potential of pooling their resources to catalyze the emerging Web3 sector.