SCB 10X — the venture unit within Thailand's oldest bank group, Siam Commercial Bank (SCB) group — opened a a 10,000-square-foot web3 collaborative space in Bangkok.
Called DistrictX, the space consists of two areas — hacker house and exponential hub — SCB 10X said. The hacker house includes a six-month incubation program in which SCB 10X will recruit developers and entrepreneurs to build web3 startups and create potential unicorns. The exponential hub is a co-working space for SCB 10X’s partners, which include Fireblocks, Nansen, The Sandbox and RakkaR Digital.
(by Yogita Khatri)
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