Temasek – DIGIT INFO

Temasek-backed blockchain VC firm to start new investment fund: Report

DIGIT — Fri, 01 Nov 2024 17:15:24 +0000

Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.

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Euroclear makes first Asia investment with Marketnode stake

DIGIT — Thu, 17 Oct 2024 21:43:02 +0000

The major European securities settlement firm has found an Asian platform for its FundPlace offering.

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Marketnode Secures Series A Funding Led by Financial Services Giant HSBC

DIGIT — Thu, 30 May 2024 14:10:57 +0000

On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins Forces With Marketnode to Revolutionize Digital Asset Solutions HSBC has backed Marketnode, […]

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Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

DIGIT — Sat, 07 Jan 2023 07:30:43 +0000

Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit for this same fund. Animoca Brands Announces […]

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Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX

DIGIT — Fri, 18 Nov 2022 05:00:57 +0000

Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s Investments in FTX Now Worth $0 The Singapore government’s Temasek Holdings issued a statement […]

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No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek

DIGIT — Thu, 17 Nov 2022 05:59:27 +0000

Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse.

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Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

DIGIT — Thu, 10 Nov 2022 18:30:42 +0000

On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up to $9.4 Billion in Funding […]

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

DIGIT — Thu, 10 Nov 2022 00:30:03 +0000

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

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Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report

DIGIT — Wed, 14 Sep 2022 09:30:43 +0000

According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic Downturn The current economic downturn that is affecting the traditional and […]

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Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million

DIGIT — Sat, 10 Sep 2022 21:30:20 +0000

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this […]

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