Temasek chief investment strategist: Temasek does not plan to invest in encryption companies due to regulatory uncertainty

According to CNBC, Rohit Sipahimalani, chief investment strategist of Singapore investment company Temasek, said, “Under the current regulatory uncertainty, the company does not intend to invest in encryption companies. Temasek has never sought to invest in cryptocurrencies. The investment in FTX is mainly It is an investment exchange, which was previously thought to allow us to obtain fee-based income without considering balance sheet risk or any transaction risk." In mid-November 2022, Temasek disclosed that it had invested a total of about 2.75% in FTX and FTX US. billion U.S. dollars, it has been decided to write down all of them.