The venture capital division of the Singapore investment holding company Temasek Holdings Private Limited, Vertex Ventures, has invested in a leading daily trading volume bitcoin exchange Binance. The aim of cooperation will become a full-fledged startup Binance Singapore and other platforms with support for Fiat currencies in South-East Asia, according to Reuters.
Responsible for the financing of branches Vertex Ventures and Vertex Ventures China Southeast Asia & India, but the exact amount of the transaction is unknown.
The company called Campana Zhao one of the most respected entrepreneurs in the sphere of the blockchain, which, in their opinion, intends to build an integrated ecosystem around the technology.
We will note, the owner of the investment holding Temasek is the Singapore government.
Recall that a closed beta of the Singapore platform began on 18 September.