Temasek News

Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment  Lim Boon Heng, the chairman of Temasek Holdings, said the firm would…

Temasek in a recent press release wrote off all its investments on FTX and FTTX US. The firm wrote of $275 Million worth of investments days after Sequoia did the same.

Per details from sources related to the story, Temasek lost over $200 million to the FTX run down. The fund was an investment in the cryptocurrency firm weeks before it imploded.  Temasek to delete $200 million from its record As…

Sensing the upcoming tectonic shift in the architecture of global payments, DBS, JPMorgan, and Temasek have joined forces to develop a new blockchain-based interbank payments mechanism. Blockchain-Powered Mechanism the Need of the Hour In an official announcement made on April…

The Singapore Stock Exchange (SGX) has partnered with investment firm Temasek to explore the use of blockchain technology for the settling of asset trades. Temasek remains a prominent player in Singapore’s expanding utilization of decentralized ledger technology (DLT) with several…

Temasek and the Monetary Authority of Singapore (MAS) have released a joint report, Project Ubin Phase 5: Enabling Broad Ecosystem Opportunities, signaling the successful conclusion of the fifth phase of Project Ubin that was first launched in 2016 as per a Reuters report on…

Binance, a blockchain company that runs one of the largest cryptocurrency exchanges in the world, has announced an investment from Vertex Ventures to open a crypto-to-fiat exchange in Singapore, Bloomberg reported on October 23, 2018. Vertex Invests in Binance to…