SCB 10X invests in new cross-chain DeFi aggregation platform Ape Board »CryptoNinjas
SCB 10X, Venture capital Thailand’s oldest bank announced that it has invested in the field of decentralized finance (DeFi) through the crypto asset aggregator and portfolio dashboard Ape Board.
Ape Board provides an overall view of the user’s DeFi investment portfolio and provides actionable insights; it enables users to easily link investments in various DeFi protocols on a single dashboard.
The dashboard now supports more than 79 protocols across 5 chains, including Solana, Binance Smart Chain, Ethereum, Terra, and Polygon. Arbitrum will be integrated soon, and more projects are underway.
Ape Board gets SCB 10X support
“SCB 10X is pleased to announce our investment in Ape Board; within 4 months of its establishment, it now has more than 350,000 users. Ape Board will enable users to track all their cross-chain assets; and manage investments in one place Combination, with functions such as monitoring non-permanent losses.”
– SCB 10X Chief Venture Capital Officer Mukaya (Tai) Panich
Today, more than a quarter of one million users are using Ape Board. Features will be regularly upgraded based on community suggestions and plans. Users will also be able to see clear hedging options so that they can quickly execute trading strategies that help manage risk and loss.
“We want to create a dashboard that allows DeFi users to more easily view balances, calculate revenue forecasts, and manage risks and non-permanent losses. We are very pleased that SCB 10X supports this project and makes simplified production generation a reality.”
– Mike Phulsuksombati, CEO and co-founder of Ape Board
The Ape Board project is built with a focus on mobile users; they account for 60% of community members. The basic Ape Board platform is free for users, but those who wish to obtain additional benefits through staking and portfolio analysis and strategy tools can get the advanced version.