TechFlow News — Kasikorn X (KX), the innovation unit of Thai commercial bank Kasikornbank (KBank), has launched a $100 million fund called KXVC. The fund will invest in AI, Web3 solutions, and deep tech startups focused on financial services. KXVC will also provide founders with access to KBank's corporate resources, its network of SMEs and consumers, as well as support from partners.
Prior to the launch of KXVC, KX had already collaborated with startups and funds including Magic Link, Transak, HashKey Capital, Symbolic Capital, and Aifund.ai, and previously participated in the $5 million seed funding round for Forward, a DeFi derivatives trading protocol.
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