Standard Chartered SC Ventures will raise a $250 million fund focusing on digital assets.



According to HashChain News, SC Ventures, a subsidiary of Standard Chartered Group, plans to raise funds for a $250 million fund that focuses on investments in digital assets in the financial services sector. Gautam Jain from SC Ventures stated at the inaugural Money 20/20 fintech event in Riyadh that the fund is set to launch next year and will seek support from some investors in the Middle East, with a view towards global investment. In addition, SC Ventures plans to launch a $1 billion Africa investment fund and is considering launching its first venture debt fund, but it did not specify whether these funds will also focus on digital assets or fintech. Jain also mentioned that SC Ventures is increasing its investments in the Middle East this year, having launched operations in Saudi Arabia in January, with a strategy to form a team focused on the Saudi market and to launch a domestic fund in 2026 that focuses on minority equity investments in businesses and new business development.

#渣打银行 SCVentures #数字资产 financial services #Middle East investment
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