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Saturday, April 27, 2024

KBank still keen on digital tokens

Bank developing digital ecosystem through which corporate clients could raise funds

KBank co-president Pipit Aneaknithi says issuing tokens to raise funds could be more cost-efficient than acquiring a loan or issuing shares.

Kasikornbank says it is developing a digital-asset ecosystem to provide a funding route for companies, an approach that contrasts with the scepticism some mainstream lenders have towards…

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