The post Temasek Shuns Crypto, Targets 15% AI Portfolio by 2031 appeared on BitcoinEthereumNews.com.
Temasek Holdings will not add new cryptocurrency exposure. The $400 billion Singapore state investor will instead deepen its bet on artificial intelligence. Nagi Hamiyeh, president of Temasek Global Investments, told CNBC that regulatory uncertainty is driving the shift. A lingering $275 million write-off from the 2022 FTX collapse also weighs on the decision. Why Temasek Is Stepping Back From Crypto Temasek confirmed it holds no direct crypto positions today. The fund still remembers the FTX custody failures that followed Sam Bankman-Fried’s exchange collapse. Consequently, that collapse hardened Singapore’s regulatory posture across the sector. Regulators tightened licensing rules soon after, and compliance costs climbed as approvals slowed. Several exchanges and fund managers reportedly rethought their Singapore operations because of it. Hamiyeh said Temasek cannot forecast what role
The post Bitcoin Mining Giant Buys Texas Land Once Promised for Green Fuel in $600M Bet appeared on BitcoinEthereumNews.com.
MARA, a major Bitcoin (BTC) mining company, will buy a large Texas site once planned as a green fuel plant. The company will turn the land into flexible power for mining and artificial intelligence (AI) tenants. The deal with fuel developer HIF Global could reach $600 million if targets are met. It hands MARA a fully permitted site with grid rights for up to 2,000 megawatts in Matagorda County. MARA Stock Performance. Source: TradingView MARA’s Texas Site Trades Fuel for Computing HIF Global promoted the site as the first large e-fuels plant in the United States. Texas Governor Greg Abbott backed the roughly $7 billion project. It would split water to make cleaner shipping fuel and recycle carbon dioxide. Crucially, HIF had already won full permits and a secured grid connection for about 1.8 gigawatts of power. Those approvals can take years to win in the race fo
The post Temasek Keeps Crypto “Off the Table” Four Years After $275M FTX Writedown appeared on BitcoinEthereumNews.com.
TLDR: Temasek holds zero direct crypto investments, citing unresolved regulatory uncertainty worldwide today. The fund absorbed a $275 million FTX writedown in 2022, damaging Singapore’s financial reputation. Temasek plans to raise AI exposure from six percent to fifteen percent of assets by 2031. Europe drew 12 billion euros in Temasek capital over two years, trailing only the United States. Temasek crypto investments remain absent from the Singapore sovereign wealth fund’s portfolio, four years after a costly FTX exposure. Chief Investment Officer Nagi Hamiyeh confirmed the firm holds no direct digital asset positions, citing ongoing regulatory uncertainty across global markets. The statement follows a $275 million writedown Temasek recorded in 2022 after the collapse of cryptocurrency exchange FTX. Despite avoiding direct crypto exposure, Temasek continues tracking
The post Trident Digital Tech Holdings (Nasdaq: TDTH) Takes Strategic Equity Stake in U.S Based Digital Innovations Group to Commercialize the AI-Powered IRMA Engine Across Asia-Pacific and Africa appeared on BitcoinEthereumNews.com.
Singapore, Singapore, July 9th, 2026, FinanceWire Investment Positions Trident to Build a High-Margin, Recurring-Revenue Enterprise AI Business Through Licensing, SaaS, White-Label Deployments and Strategic Channel Partnerships While Expanding Artificial Intelligence Across Its Growing Digital Infrastructure Ecosystem Trident Digital Tech Holdings Ltd. (Nasdaq: TDTH) (“Trident,” “TDTH,” or the “Company”), a Singapore-headquartered enterprise AI and digital infrastructure holding company, today announced a strategic equity investment in Digital Innovations Group (“DIG”), owner and developer of the proprietary IRMA Engine, an advanced enterprise artificial intelligence platform. The investment establishes Trident as DIG’s commercialization partner across Asi
The post Singapore investment giant Temasek to shun crypto in pivot to AI appeared on BitcoinEthereumNews.com.
Singapore’s state-owned investment firm, Temasek Holdings, said it will prioritize AI investments over crypto due to regulatory uncertainty and the lingering impact of a $275 million write-off from the collapse of crypto exchange FTX in 2022. The firm, with an investment portfolio valued around 518 billion Singapore dollars ($400 billion), plans to increase its AI exposure from 6% of its portfolio in the first quarter of 2026 to 15% by 2031, Nagi Hamiyeh, president of Temasek Global Investments, told CNBC on Wednesday The AI investment cycle has just begun and will continue for decades, he said, while cautioning that valuations in some parts of the industry have run ahead of fundamentals. Temasek, the state’s largest investment vehicle after GIC Private Ltd., is still dealing with the hit it took following the collapse of FTX. That implosion and other failures exposed weak con
CEA Anantha Nageswaran feels that artificial intelligence raises the value of each working professional rather than replacing them. Says, “Our goal should be to use machines so that our people are freed to do more of what only people can do.”
Temasek's crypto exclusion highlights ongoing regulatory challenges, signaling cautious investment trends among major institutional players.
The post Temasek excludes cryptocurrency from investments four years after FTX collapse appeared first on Crypto Briefing.
The post Secret Network’s SCRT Migration to Arbitrum Signals Major Shift Amid AI Security Concern appeared on BitcoinEthereumNews.com.
Key Takeaways: The Secret Network has announced that it is planning to shift its SCRT token from the Cosmos to Arbitrum on Sept. 1, 2026. The team reportedly referred to the liabilities of falling liquidity within cosmos, weaker infrastructure and security threats driven by Artificial Intelligence. Native and staked SCRT will be eligible for migration, and bridged and contract-held tokens will be ineligible. Secret Network intends to make a significant change in the entire ecosystem and to shift the native SCRT token from Cosmos to Arbitrum. The transfer will remove SCRT’s core dominance from Cosmos and place it within one of Ethereum’s biggest layer-two bountiful environments. The plan is pending community approval but there has been a detailed migration process and time line proposed. SCRT to Launch as an ERC-20 Token According to the proposal, a snap
The post Paradigm Raises $1.2B for Fourth Fund in AI Push appeared on BitcoinEthereumNews.com.
Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies. The company said on Wednesday that its latest fund will invest “first in crypto, and now across AI, robotics and other frontiers.” “We continue investing in crypto and the reinvention of markets and the financial system,” Paradigm added, highlighting its investments in the crypto perpetuals exchange Hyperliquid and the prediction markets platform Kalshi. Paradigm launched in 2018 and has raised more than $4 billion for three funds focused on crypto. Its interest in AI follows a trend of originally crypto-focused companies that have been lured to the lucrative and fast-growing sector. Source: Matt Huang The Wall Street Journal reported in February that Paradigm was seeking to raise $1.5 billion for a new fund that would inv
