Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.
Superscrypt, a blockchain and Web3-focused venture capital firm backed by Singapore’s state-owned investment firm Temasek, is reportedly seeking a $100 million capital raise to establish a new investment fund.
According to Bloomberg, unnamed sources revealed that Superscrypt and fintech firm Republic will be joint partners in the proposed fund, which has not been finalized and is still subject to change.
Temasek made headlines in 2022 after the government-owned firm lost $275 million in the implosion of FTX.
