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Singapore Wealth Fund GIC Invests In Coinbase

Liang CHE

Summary: According to cointelegraph.com, the Singapore Government Investment Corporation (GIC) is one of 2018 investors who helped the US major crypto wallet provider and transaction services company Coinbase raise $300 million in funding. Bloomberg quoted anonymous news familiar with the matter from the February 28 report. According to the official website, GIC, established to manage Singapore's ...

According to cointelegraph.com, the Singapore Government Investment Corporation (GIC) is one of 2018 investors who helped the US major crypto wallet provider and transaction services company Coinbase raise $300 million in funding. Bloomberg quoted anonymous news familiar with the matter from the February 28 report. According to the official website, GIC, established to manage Singapore's foreign exchange reserves, has more than $100 billion in assets in more than 40 countries around the world.

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