Cryptocurrencies

Crypto CEO Denied Singapore PR Mulls Relocating

  • Alex Svanevik runs one of crypto’s largest analytics providers
  • His viral post about the rejection garnered 2.7 million views
Alex Svanevik Photographer: Edwin Koo/Bloomberg
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Singapore’s push to foster a digital-asset hub jumped back into the spotlight this week when Nansen Pte Chief Executive Officer Alex Svanevik revealed his application for permanent residence there had been rejected.

Svanevik announced the development on X on Monday, writing: “$88m capital raised, 25+ jobs created, 1 child born. Guess it wasn’t enough. Where to move next?” The post quickly became viral, garnering 2.7 million views to date.