TechFlame reports that, according to Bloomberg, SC Ventures plans to raise capital to set up a $250 million fund to invest in digital assets in the financial services industry. The global bank's venture capital arm plans to launch the fund in 2026 with support from Middle Eastern investors. According to reports, SC Ventures partner Gautam Jain said at the Money 20/20 event in Saudi Arabia on Monday that the fund aims to make global investments. According to reports, Jain indicated that SC Ventures also plans to set up a $100 million fund to invest in Africa and is considering setting up its first venture debt fund. Still, it's unclear whether these two funds will focus on digital assets.