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The Daily Hodl 2023-07-13 16:55:03

After $275,000,000 Crypto Investment Goes to Zero, Sovereign Wealth Fund Says It’s Avoiding Industry for Now: Report

Temasek, a sovereign wealth fund owned by the Singapore government, is reportedly not interested in putting money into the digital assets industry. CNBC reports that the investment firm with a net portfolio worth $496 billion is currently avoiding crypto companies as the nascent industry faces regulatory uncertainties. Says Temasek chief investment officer Rohit Sipahimalani, “There’s The post After $275,000,000 Crypto Investment Goes to Zero, Sovereign Wealth Fund Says It’s Avoiding Industry for Now: Report appeared first on The Daily Hodl .

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