Both organizations have significant interests in blockchain and digital assets. SBI has collaborated with Sygnum for a fund that invests in blockchain and digital assets. Likewise, SBI 10X created a $50 million fund in February 2021. However, in October, the holding company announced a brand change to SCBx and a $600 million+ fund with CP Group to invest in blockchain, digital assets and fintech. It also spent $537m for a controlling stake in Thai crypto exchange Bitkub.