The financial services firms are establishing an early-stage fund that will make digital asset investments across Southeast Asia and Europe.
SBI Ventures Singapore, a corporate venturing subsidiary of Japan-based financial services firm SBI Group, has partnered Switzerland-based digital asset bank Sygnum on Tuesday to launch an early-stage venture fund.
The fund will invest in digital asset opportunities, such as financial market infrastructure for distributed ledger technology (DLT) and enterprise services, across Southeast Asia and Europe.
Ryosuke Hayashi, managing director and CEO of SBI Ven Capital, SBI’s $4bn corporate venturing group, said: “DLT has the potential to transform financial infrastructure and…
