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Temasek: No immediate plans to invest in crypto assets, will focus on ramping up AI investments.

1 hours ago

Singaporean sovereign wealth fund Temasek Holdings has announced it currently has no plans for direct investments in crypto assets, with its future investment focus set on the artificial intelligence (AI) sector. Nagi Hamiyeh, Temasek’s global investment president, stated the firm manages approximately S$518 billion (around US$400 billion) in assets, and plans to raise the proportion of AI-related investments in its portfolio from 6% in the first quarter of 2026 to 15% by 2031. He noted that the AI investment cycle remains in its early stages, holding long-term growth potential over the coming decades, though valuations in some sub-segments have outpaced their underlying fundamentals. On crypto assets, Hamiyeh said Temasek currently holds no direct crypto investments, and any future moves in the space will hinge on developments in the global regulatory environment. He also emphasized that while Temasek will not invest in crypto assets, the firm continues to track the application potential of blockchain technology in the real economy, and believes the true value of AI lies in enterprise adoption and business ecosystem development, rather than relying solely on cutting-edge models.

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