{"id":84531,"date":"2023-09-14T18:10:31","date_gmt":"2023-09-14T15:10:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84531"},"modified":"2025-09-12T17:56:13","modified_gmt":"2025-09-12T14:56:13","slug":"kbank-launches-100m-ai-and-web3-focused-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kbank-launches-100m-ai-and-web3-focused-fund\/","title":{"rendered":"KBank launches $100m AI- and Web3-focused fund"},"content":{"rendered":"<p><a href=\"https:\/\/www.kasikornbank.com\/en\/ir\/generalinformation\/pages\/corporate.aspx\">Second-largest by assets<\/a> in Thailand, Kasikorn Bank (KBank), through its subsidiary Kasikorn Business Technology Group, established a $100 million fund that will invest in startups focused on AI and <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-web3\">Web3<\/a>. <a href=\"https:\/\/www.theblock.co\/post\/250981\/kbank-web3-ai-vc-fund\">The Block<\/a> writes about this.<\/p>\n<p>A structure named KXVC is aimed at infrastructure projects, including blockchain developers and validators.<\/p>\n<p>Preferences will be given to teams focused on <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-zero-knowledge-proof\">zero-knowledge proofs<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-liquid-staking\">liquid staking<\/a>.<\/p>\n<p>The fund is set to back more than 30 firms.<\/p>\n<p>Kasikorn Business Technology Group has previously collaborated with 1KX, HashKey Capital and Symbolic Capital.<\/p>\n<p>As reported in March 2023, the Thai cabinet <a href=\"https:\/\/u1f987.com\/en\/news\/thailand-eases-taxes-for-issuers-of-investment-tokens\">abolished the corporate income tax<\/a> and value-added tax for companies issuing digital tokens for investment.<\/p>\n<p>The amount raised by crypto firms through investment rounds in August <a href=\"https:\/\/u1f987.com\/en\/news\/report-crypto-venture-deals-rise-40-in-august\">increased by 39.8%<\/a> compared with July, according to RootData.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kasikorn Bank (KBank), through its subsidiary Kasikorn Business Technology Group, established a $100 million fund that will invest in startups focused on AI and Web3.<\/p>\n","protected":false},"author":1,"featured_media":84532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1285,1266,1110],"class_list":["post-84531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-funds","tag-thailand","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=84531"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84531\/revisions"}],"predecessor-version":[{"id":84533,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84531\/revisions\/84533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84532"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}