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Saturday, May 11, 2024

Samart readies crypto, NFT venture

Mr Watchai said that SDC is in the process of proposing the new venture’s business plan to investors.

SET-listed tech and ICT solution provider Samart Corporation is set to foray into cryptocurrency and non-fungible token (NFT) businesses through a new company in collaboration with partners in the second quarter.

This new startup will be set up by Samart Digital Company (SDC), a subsidiary of Samart that spearheads the group’s digital lifestyle services.

Watchai Vilailuck, executive vice-chairman of Samart, said the new firm will move towards the emerging business and SDC is in the process of proposing the new venture’s business plan to investors.

The firm will be unveiled in the second quarter, he said, adding: “It will accelerate the recovery of Samart group under an ‘alert, adapt and achieve’ business…

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