SC Ventures plans to raise $250 million in funding to focus on digital asset services
Source: Htx
Time: 2025-09-16 11:32:14
According to Bloomberg, SC Ventures plans to raise funds to set up a $250 million fund to invest in digital assets in the financial services industry.
The global bank’s venture capital arm plans to launch the fund in 2026 with support from Middle Eastern investors. SC Ventures partner Gautam Jain reportedly said at a Money 20/20 event in Saudi Arabia on Monday that the fund is aimed at global investments.
According to reports, Jain pointed out that SC Ventures also plans to set up a $100 million fund to invest in Africa and is considering setting up its first risk debt fund. However, it is not clear whether the two funds will focus on digital assets.