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Thai Bank Enters Metaverse; Builds Virtual Headquarters

Thai Bank Enters Metaverse; Builds Virtual Headquarters

  • Siam Commercial Bank has launched its headquarters in The Sandbox metaverse.
  • It will be hosting its “Open House In The Metaverse” on March 11.
  • It is the second significant financial firm to make such a move, after JP Morgan.

Siam Commercial Bank (SCB) of Thailand has officially announced it will be launching its first metaverse headquarters in The Sandbox metaverse. This will be through the SCB 10X, the venture building and investment arm of SCB. Through this decision, the Thai Bank became the second major financial organization to find a footing in the virtual world; the first one being JP Morgan.

Also, the SCB said it will be hosting its “Open House In The Metaverse” on March 11 to showcase its virtual headquarters. This is where it plans to host workshops and discussions.

Mukaya Panich, Chief Investment Officer at SCB 10X, said:

Financial technologies of the future, such as blockchain, digital asset, DeFi and the metaverse are core area ...

Read more: https://coinquora.com/thai-bank-enters-metaverse-builds-virtual-headquarters/

Text source: News – CoinQuora – Latest Cryptocurrency and Block

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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