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Singapore’s Temasek Writes Off $275 Million FTX Investment

Singapore’s Temasek Writes Off  $275 Million FTX Investment

Singapore’s state-owned investor, Temasek Holdings, announced on Thursday that it would be writing off its entire $275 million investment into the collapsed cryptocurrency exchange, FTX.

It invested $210 million for around a 1 percent stake in FTX International and $65 million for about 1.5 percent in FTX US. Both companies have now Read More

Posted: Nov 17 2022, 06:39
Author Name: financemagnates
Views: 111623

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