SCB 10X
SCB 10X is the venture and deep-tech investment arm of SCBX (formerly SCB Group), the holding company spun off from Siam Commercial Bank. Invests in and incubates fintech, blockchain, DeFi, and AI startups across Southeast Asia, including notable positions in Bitkub Online (Thai crypto exchange) and Alpha Venture DAO. Operates the Typhoon large-language model for Thai-language AI applications. Works alongside SCBX subsidiaries including SCB (banking), CardX (credit cards), InnovestX (wealth-tech), and Auto X (auto financing) to build a financial-services ecosystem beyond traditional banking.
Snapshot
Headline numbers a buyer checks first.
Established
2021
2021
As SCBX venture arm
AUM / committed capital (approx.)
THB 10B+
2024
Portfolio companies
20+
2024
Parent company
SCBX (SET: SCB)
2024
Profile overview
SCB 10X is the venture and deep-tech investment arm of SCBX (formerly SCB Group), the holding company spun off from Siam Commercial Bank. Invests in and incubates fintech, blockchain, DeFi, and AI startups across Southeast Asia, including notable positions in Bitkub Online (Thai crypto exchange) and Alpha Venture DAO. Operates the Typhoon large-language model for Thai-language AI applications. Works alongside SCBX subsidiaries including SCB (banking), CardX (credit cards), InnovestX (wealth-tech), and Auto X (auto financing) to build a financial-services ecosystem beyond traditional banking.
Investment and product portfolio
Crypto
Bitkub Online stake
SCBX holds ~51% of Bitkub Online, Thailand's dominant crypto exchange with ~60% market share. SCB 10X led original venture investment; Bitkub processes ~ $0.145-8B daily crypto trading volume.
AI
Typhoon Thai-language LLM
Typhoon is SCB 10X's open-source Thai-language large-language model. Released to research community; used for Thai NLP tasks across SCBX subsidiaries. Positions SCB 10X as anchor of Thai enterprise AI.
Ventures
Southeast Asia fintech fund
Portfolio of 20-plus fintech, DeFi, and Web3 startups across Thailand, Vietnam, Singapore, Indonesia. Focus on early-stage seed and Series A; exits via secondary sales or SCBX subsidiary adoption.
Thai corporate venture and deep-tech arms
FY2024 estimates
Kasikorn X
Krung Thai Digital
Parent
KTB (SET:KTB)
Investment focus
GovTech, payments, digital ID
Flagship asset
Prompt Pay infrastructure
| Entity | Parent | Investment focus | Flagship asset |
|---|---|---|---|
| SCB 10X | SCBX (SET:SCB) | Fintech, AI, crypto, DeFi | Bitkub Online, Typhoon LLM |
| Kasikorn X | KBank (SET:KBANK) | Fintech, SME digital, payments | LINE BK joint venture |
| Krung Thai Digital | KTB (SET:KTB) | GovTech, payments, digital ID | Prompt Pay infrastructure |
| PTT InnoHub | PTT Group | Energy tech, cleantech, IoT | Energy startup portfolio |
Key drivers 2025-2026
AI
Typhoon model adoption
Enterprise adoption of Typhoon LLM across SCBX and external Thai enterprise clients is the key AI revenue indicator. Competing with Google Gemini Thai, OpenAI API, and AWS Bedrock for Thai-language enterprise workloads.
Crypto
Bitkub regulatory evolution
Thai SEC crypto regulation tightening in 2025-2026 affects Bitkub trading volumes. SCBX's ability to maintain Bitkub's market leadership under stricter KYC and asset-listing rules is a critical watchpoint.
Where this profile is featured
Reports that reference this entity in their operator concentration or analysis.
Featured in
Thailand AI Talent Supply: VISTEC, Mahidol, Chula and Salary Bands ...
Major commercial AI hiring centre; Typhoon foundation-model team; structural Thai AI-talent demand source.
Featured in
Thai Startup Funding: YC Thailand Pipeline and the Seed-to-Series-A...
Major commercial AI hiring centre; Typhoon foundation-model team; structural Thai AI-talent demand source.
Related Market profiles
Peers, parents, partners, agencies, and other Fintech & Digital Banking actors.
Competitor
Bitkub
Thailand's dominant SEC-licensed crypto exchange; 2021 SCB USD 500M+ acquisition attempt did not complete.
Open Market profile →
Competitor
LINE BK
Thailand's first licensed digital bank — KBANK × LINE joint venture, launched October 2020; 5M+ users FY2024.
Open Market profile →
Competitor
Rabbit LINE Pay
Messaging-app, BTS Skytrain-embedded wallet — LINE × BTS JV with deep Bangkok transit distribution.
Open Market profile →
Sector peer
Bangkok Bank PromptPay Implementation (BBL)
Bangkok Bank’s PromptPay integration as a top-5 Thai commercial bank, handling real-time retail and corporate interbank transfers on the ITMX PromptPay rail.
Open Market profile →
Reports featuring this profile
Thailand Premium AR/VR Headset Apple Vision Meta Quest 2027 Market Intelligence
SCB X innovation arm running Vision Pro immersive-banking pilot for wealth-management visualisation plus retail branch concept design; cross-sells to KBank and Krungthai pilots.
Open report →
Sits alongside 2 other Atlas profilesThailand Tokenization & Real-World Asset Bonds 2027 Market Intelligence
SCB X group ICO Portal and bank-grade tokenization stack covering corporate bond, real-estate, and sustainability-linked issuance with custody bridging to BoT CBDC settlement.
Open report →
Sits alongside 6 other Atlas profilesThailand Enterprise AI & Bilingual SaaS 2027 Market Intelligence
SCB X innovation house; Typhoon-2 Thai LLM, Tradr trading copilot, Robinhood and InnovestX AI workloads.
Open report →
Sits alongside 2 other Atlas profilesThailand AI Enterprise Adoption 2027 Market Intelligence
Operator of Typhoon open-weight Thai LLM family (Typhoon-7B, Typhoon-2); foundation layer for Thai-language vertical AI.
Open report →
Sits alongside 5 other Atlas profilesThailand Enterprise Software & SaaS Market Intelligence
Local SaaS, AI builders; Typhoon Thai LLM open weights
Open report →
Sits alongside 6 other Atlas profilesThailand AI Talent Supply: VISTEC, Mahidol, Chula and Salary Bands 2026
Major commercial AI hiring centre; Typhoon foundation-model team; structural Thai AI-talent demand source.
Open report →
Sits alongside 6 other Atlas profilesThai Startup Funding: YC Thailand Pipeline and the Seed-to-Series-A Tier
Major commercial AI hiring centre; Typhoon foundation-model team; structural Thai AI-talent demand source.
Open report →
Sits alongside 7 other Atlas profilesRelated Market profiles
competitor
Bitkub
Thailand's dominant SEC-licensed crypto exchange; 2021 SCB USD 500M+ acquisition attempt did not complete.
competitor
LINE BK
Thailand's first licensed digital bank — KBANK × LINE joint venture, launched October 2020; 5M+ users FY2024.
competitor
Rabbit LINE Pay
Messaging-app, BTS Skytrain-embedded wallet — LINE × BTS JV with deep Bangkok transit distribution.