Capital markets News

Temasek writes off $275m investment, clarifies crypto, blockchain stance

temasek ftx

Singapore government-owned investment fund Temasek has written off its $275 million investment in FTX International and FTX US. It publicly shared quite a bit of detail about its investment and due diligence, as well as its position on blockchain and cryptocurrency.

The FTX investment made up less than a tenth of 1 % of its S$403 billion ($293bn) portfolio.

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