Value of Temasek Holdings' Investments in FTX and its Subsidiaries
28 Nov 2022Parliamentary Question by Ms Mariam Jaafar:
To ask the Deputy Prime Minister and Minister what is the value of Temasek Holdings' investments in cryptocurrency trading platform FTX and its subsidiaries.
Parliamentary Reply by Deputy Prime Minister, and Minister for Finance Mr Lawrence Wong:
Temasek issued a statement on 17 November 2022 on its investments in FTX.[1] The total cost of Temasek’s investment in FTX was US$275 million, or 0.09% of Temasek’s net portfolio value of S$403 billion as of 31 March 2022.
[1] Temasek’s statement on FTX can be accessed at https://www.temasek.com.sg/en/news-and-resources/news-room/statements/2022/statement-FTX