Bangkok — SCB 10X (, the venture arm of Thailand’s Siam Commercial Bank and one of the largest venture capital funds in Southeast Asia, announced today it will host its second annual global decentralized finance virtual summit, REDeFiNE Tomorrow 2021, from July 22 to 23 from 7:45 am to 5:30 pm (UTC+7).

“This event aligns with our company mission to create long-term value through investing in exponential technologies,” said Mukaya Panich, chief venture and investment officer at SCB 10X, adding, “SCB 10X recognizes the importance and the promise of DeFi, and we hope the summit will help stimulate awareness and growth of DeFi in Asia. We look forward to actively partnering and working with players in the DeFi ecosystem globally.”

Since its inception in 2020, SCB 10X has established a $222 million venture capital fund to invest in and support businesses in the sectors of blockchain and DeFi (and other financial technology), digital work and lifestyle, digital health and wellness, the Internet of Things and deep tech. The fund also includes a $50 million blockchain, DeFi and digital assets venture capital fund dedicated to investing in early- and growth-stage startups globally, focusing particularly on promising startups in blockchain infrastructure for DeFi and digital assets. SCB 10X invested and developed multiple collaborative relationships with the blockchain community in Asia and across the world including Ripple, BlockFi, Sygnum, Alpha Finance Lab, Anchorage and Anchor, among others.

Thailand has seen a surge in the total number of accounts holding crypto with an increase of 337.5% last year. Many regional stakeholders are beginning to make a conscious effort for finding and developing talent and launching new protocols or projects to boost blockchain and DeFi adoption in the region.

Free for all attendees, the global DeFi virtual summit REDeFiNE Tomorrow 2021 will host leading minds of the industry with the aim of fostering collaboration between founders, developers, investors and end-users, and educating the general audience about DeFi and the innovative disruption it can bring. The event will encourage deeper understanding, cooperation and synergy across the cryptocurrency and blockchain industry. 

Important themes of this year’s event include global trends and landscape of DeFi, DeFi lending and integration into real-world use cases, the future of crypto custody and institution DeFi, the future of cross-chain interoperability, the next step for the nonfungible tokens market, the future of layer two, the rapid rise of stablecoins, and more, with participation from notable industry speakers 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; Rene 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 many more.

To register for REDeFiNE Tomorrow 2021 and to see a full list of speakers, please visit here

Note: This content contained herein is created by the speaker at his/her discretion. The content made available to the public shall not be treated as a recommendation or investment recommendation to any digital asset. 

About SCB 10X

SCB 10X, a holding company under Siam Commercial Bank, was established with a mission to create long-term value through investing in exponential technologies, championing passionate entrepreneurs, empowering the underserved long tail, and building successful partnerships. SCB 10X highlights its differentiation with the “venture builder” business for the first time in Thailand to heighten business potentiality and strong technological capabilities. In addition, SCB 10X oversees all the technology companies in the SCB Group, including Digital Ventures, SCB Abacus, Monix, as well as the technology companies or investments in SCB’s future business pipeline. For more information on SCB 10X, please email the company or visit its website.