Singapore’s state investment fund Temasek, FTXto company shares 275 milliondollar investment has been reset.
It is the second largest cryptocurrency exchange in the world. FTXshocked the financial industry. of FTX With his bankruptcy, investment and management companies continue to report losses. the company, Chapter 11 filing for bankruptcy also mobilized creditors. Many investment and management companies are preparing for litigation processes. Another company affected by the collapse of FTX Temasek it happened. Singapore government fund 275 millionadmitted that his dollar investment had been reset.
Temasek Doesn’t Blame Cryptocurrencies
investment company Temasek, FTX sees the loss from its stocks as insignificant compared to the general portfolio assets. However, the company has 275 milliondollar loss.
investment company, these investments FTX He stated that he owns shares of the company. Company, to FTX He reproached that the investments made were titled cryptocurrencies. In the statement, it was stated that the investments are in company shares and there is no risk in cryptocurrencies.
Temasekyour investments, FTX Internationalto 1 percent of FTX US announced that it belongs to 1.5 percent of the . Additionally, the company is in the overall corporate asset portfolio of all FTX investments. 0.09 percentHe stated that he had a share of
