Temasek joins Facebook-backed Libra | The Malaysian Insight

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Temasek joins Facebook-backed Libra

The building hosting Facebook’s Libra Networks LLC company downtown Geneva. Libra offers cryptocurrency and transactions. – AFP pic, May 15, 2020.

THE Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said yesterday. Temasek was among three new members announced for the association, including the cryptocurrency investment firm Paradigm and the private equity group Slow Ventures, both based in California.

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