How Temasek Holdings and Public Pension Fund Money is Helping Backstop Fledgling Crypto Ecosystem

Posted on 06/30/2022

The 30-year old Samuel Bankman-Fried is becoming the backstop of a significant portion of the crypto lending infrastructure. Bankman-Fried is CEO of FTX Trading Ltd., a cryptocurrency exchange and investor in cryptocurrency infrastructure. FTX is swooping in to buy crypto lender BlockFi for a maximum price of US$ 240 million. This is far below BlockFi’s…

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