Temasek still not considering direct crypto investment

Nagi Hamiyeh, Head of Global Investments at Singapore's sovereign wealth fund Temasek, told CNBC that the firm is still not considering direct investments in cryptocurrencies. He cited regulatory uncertainty as a key factor. Hamiyeh explained that while Temasek is not currently investing directly in crypto, it remains focused on related infrastructure, noting that blockchain technology can contribute to the real economy. Temasek previously recorded a $275 million loss on its investment in FTX following the exchange's collapse in 2022.