2 hours ago
Temasek Keeps Crypto “Off the Table” Four Years After $275M FTX Writedown
FinanceAI Investmentblockchain infrastructurecrypto regulationFTXNagi HamiyehSingapore financesovereign wealth fundTemasek
TLDR: Temasek holds zero direct crypto investments, citing unresolved regulatory uncertainty worldwide today. The fund absorbed a $275 million FTX writedown in 2022, damaging Singapore’s financial reputation. Temasek plans to raise AI exposure from six percent to fifteen percent of assets by 2031. Europe drew 12 billion euros in Temasek capital over two years, trailing [...]
The post Temasek Keeps Crypto “Off the Table” Four Years After $275M FTX Writedown appeared first on Blockonomi.
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