Hello @Athira Reghuraman,
Thanks for the question and using MS Q&A platform.
This tutorial - Analyze data with a serverless SQL pool will help you to create a database in the sql serverless pool and then you can create CREATE DATABASE SCOPED CREDENTIAL (Transact-SQL).
You may checkout the MS Q&A thread addressing similar issue.
Hope this helps. Do let us know if you any further queries.
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