Temasek-Backed Blockchain Fund Eyes $100 Million Fundraise
- Superscrypt plans to raise money for its second venture fund
- Temasek wrote down a $275 million investment in FTX in 2022
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Superscrypt, a blockchain venture capital company backed by Temasek Holdings Pte, plans to raise up to $100 million for its second investment fund, according to people familiar with the matter.
Singapore’s state-owned investment company Temasek has been lined up as an anchor investor in the new fund alongside the New York-based fintech firm Republic, said the people, who asked not to be identified as the fundraising effort is private.