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Notice regarding acceptance of investment from Siam Commercial Bank Group (SCB10X), Kingdom of Thailand at SBI Digital Markets, a subsidiary of Singapore January 12, 2022 SBI Digital Asset Holdings Co., Ltd.
SBI Digital Markets Pte. Ltd. (Headquarters: Singapore, Director: Winston Quek, hereinafter), a subsidiary of SBI Digital Asset Holdings Co., Ltd. (hereinafter referred to as “the Company”), which provides financial services that make full use of digital asset solutions for institutional investors. “SBIDM”) has reached a basic agreement with SCB 10X Co., Ltd. (Headquarters: Bangkok, Thailand, CEO: Arak Sutivong, hereinafter “SCB10X”) in the Kingdom of Thailand, and has invested from SCB10X. We are pleased to inform you that we have accepted.
SBIDM was established in Singapore in 2020 to provide services specialized in digital assets for Southeast Asia. After obtaining the necessary approval from the Monetary Authority of Singapore (MAS), we plan to provide institutional investors with services such as issuance and distribution of bonds, stocks and alternative products, advisory services for related businesses, and custody services. .. Going forward, we will work toward the further development of digital assets by utilizing the know-how and networks of the Group and the SCB Group.
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