SCB 10X completed the investment in SBI Digital Markets.

SCB 10X, a technology investment and venture builder company, completed the investment in SBI Digital Markets, a trusted digital asset solutions provider to institutional clients. Financial terms were not disclosed. "We believe institutional demand for security tokens is at an inflection point. The Singapore business environment for the sector is vibrant and the regulatory framework is at the highest standards. SBI DM is well positioned to take full advantage as we prepare our end-to-end product offering across a broad range of digital assets to serve institutional clients," Winston Quek, SBI Digital Markets CEO.