Thailand’s Kasikornbank launches $100M fund for Web3 and AI in Asia Pacific

Kasikornbank has initiated a $100 million fund, KXVC, aimed at investing in the Asia Pacific’s internet economy, predicted to reach $1 trillion by 2030. KXVC, originating from the bank’s innovation arm, will focus on startups in Israel, the US, Europe, and Asia Pacific, collaborating with major funds like HashKey Capital. Key targets include Web3 infrastructure…