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Marketnode Secures Series A Funding Led by Financial Services Giant HSBC

[May 30 8:10 AM] 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…

Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

[Jul 13, 2023 2:30 AM] Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in…

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

[May 28, 2023 10:21 PM] Temasek wrote down the entirety of its investment in FTX in November.

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

[Jan 7, 2023 1:30 AM] 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…

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

[Nov 17, 2022 11:00 PM] 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…

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

[Nov 16, 2022 11:59 PM] 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.

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

[Nov 10, 2022 12:30 PM] 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…

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

[Nov 9, 2022 6:30 PM] 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…