Standard Chartered SC Ventures plans to raise $250 million in digital asset fund

According to Shenzhen Chao TechFlow, SC Ventures, a venture capital arm of Standard Chartered Bank, plans to raise $250 million for a fund focusing on digital asset investment in the financial services field. SC Ventures operation member Gautam Jain said between the gap in Money 20/20 FinTech activities in Riyadh that the department plans to launch the fund next year, with part of the fund coming from Middle Eastern investors and covering the global investment scope.