According to the report, Temasek is “engaging FTX” in its capacity as a shareholder, a Temasek spokesperson said.
Temasek has been investing in cryptocurrency and blockchain industry-related companies for the last few years. For instance, the government-owned firmthat saw Immutable raise $200 million. As far as the trouble crypto exchange FTX is concerned, Temasek funding helped fuel FTX’s Series B and C rounds.
Leveraging Vertex Ventures, Temasek is also invested in Binance, the TST business correspondent details in her report. Temasek for the blockchain gaming publisher and Web3 firm Animoca Brands with Boyu Capital, and GGV Capital when Animoca Brands raised $110 million in September.
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