Value of Temasek Holdings' Investments in Cryptocurrency Trading Platform FTX and Its Subsidiaries

Ms Mariam Jaafar asked the Deputy Prime Minister and Minister for Finance what is the value of Temasek Holdings' investments in cryptocurrency trading platform FTX and its subsidiaries.

Temasek issued a statement1 on 17 November 2022 on its investments in FTX. The total cost of Temasek's investment in FTX was US$275 million, or 0.09% of Temasek's net portfolio value of S$403 billion as of 31 March 2022.