First reported by bsky
Temasek rules out crypto investments four years after $275M FTX loss, citing regulatory uncertainty
Temasek Keeps Crypto “Off the Table” Four Years After $275M FTX Writedown
3h ago
From the article
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...
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Temasek rules out crypto investments four years after $275M FTX loss, citing regulatory uncertainty
Temasek's president Nagi Hamiyeh stated that crypto investments remain "off the table" for the Singaporean investment firm, four years after
cnbc.com·9h agoTemasek rules out crypto investments four years after $275M FTX loss, citing regulatory uncertainty
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