The Libra Association announced that Temasek, Paradigm, and Slow Ventures joined as members. The Association governs the digital currency and payments network of Libra, the blockchain platform founded by Facebook.
While Libra previously lost heavyweight members such as Visa, Mastercard, eBay, and Paypal, with the addition of the three new entities, the Association now has 27 members.
Temasek is Singapore’s sovereign wealth fund with more than $230 billion in assets as of March 2019. It’s been active in the blockchain and digital payments space. A few months ago, Temasek, along with JPMorgan and the Monetary Authority of Singapore (MAS), completed a blockchain trial for multi-currency payments.
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