Temasek


Finanza

Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare

Temasek wrote down the entirety of its investment in FTX in November.

Singapore-based Vauld now has protection from its creditor until Jan. 20.  (Shutterstock)

Finanza

Temasek Says Its FTX Investment Is Now Worth Zero

The Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange.

Singapore's skyline (Unsplash)

Video

Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse

Genesis Global Trading's lending arm is temporarily suspending redemptions and new loan originations. Singapore's state investment fund Temasek is preparing to write off between $200 million and $300 million invested in FTX. The House Financial Services Committee will hold a hearing into FTX next month. Sam Bankman-Fried, Tom Brady and other FTX promoters have been sued. Genesis and CoinDesk both operate under Digital Currency Group.

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Finanza

Temasek Prepares to Write Off Up to $300M Invested in FTX: Bloomberg

Singapore's state investment fund invested $400 million in both FTX and the crypto exchange's U.S. unit.

Director of crypto investing AT Temasek, Antony Lewis. The state investment fund for Singapore, is writing off part of its investments in FTX. (Danny Nelson/CoinDesk)

Video

Investor Town Hall: Security, Reputation, ESG and Other Barriers to Institutional Adoption

Katherine Molnar, CIO at Fairfax County Police Officers Retirement System, Matt Halstead, Director at Teacher Retirement System of Texas, David Cooper, Chief Investment Officer at Purdue Research Foundation, and Joe Marenda, Global Head of Digital Assets Investing at Cambridge Associates join Temasek Director Antony Lewis at Consensus 2022 to discuss the challenges of crypto's institutional adoption in terms of security, reputation and ESG issues. Moderator: Michael Casey, Chief Content Officer, CoinDesk

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Video

Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin

Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Mercati

Amber Group Raises $200M in Temasek-Led Round at $3B Valuation

The Singapore-based liquidity provider and trading infrastructure firm's valuation has tripled in less than a year.

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Video

Stablecoin Rush Breaks Out; JPMorgan, DBS and Temasek Launch Partior

Stablecoins adoption in Asia is outpacing the world as the transaction volumes of dollar-pegged crypto in the region continue their surge. JPMorgan, DBS Bank and Singapore’s sovereign wealth fund Temasek extend their Project Ubin partnership to form Partior. The new partnership will remove the pain points of cross-border payments and digitize commercial money through blockchain.

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Mercati

DBS, JPMorgan and Temasek to Create Blockchain-Based Payments Joint Venture

The platform, to be dubbed “Partior,” will seek to disrupt the traditional payments model and the common pain points that come with it.

JPMorgan

Mercati

First State-Owned Entity Joins Libra Association

Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.

Temasek's addition to the Libra Association could explain the role the Singapore dollar played in both the original stablecoin basket and the new multi-coin vision. (Credit: Shutterstock)

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