SCB Paves the Way to Crypto, Forming “Token X” to Operate “Initial Coin Offering Portal”

SCB Paves the Way to Crypto, Forming “Token X” to Operate “Initial Coin Offering Portal”

The Siam Commercial Bank Public Company Limited (SCB) announced that on 8 January 2021, SCB 10X Co., Ltd., the Bank’s subsidiary and a company under SCB Financial Group, has incorporated a new subsidiary under the name Token X Co., Ltd. with the Department of Business Development, Ministry of Commerce, with the key objective to operate the Initial Coin Offering Portal (ICO Portal). The Company has a registered capital of Baht 50,000,000. 

 

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