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Temasek denies involvement in Bitmain IPO

Wed, 05 Sep 2018, 04:35 am UTC

Singaporean investment company Temasek is the latest to announce that it has not made any investment in bitcoin mining giant Bitmain.


Bitmain founder and CEO Jihan Wu also denied such reports saying that they are “mostly fake”.


Last month, Softbank and Tencent also denied reports that suggested that they participated in Bitmain’s pre- Initial Public Offering (IPO) funding round. DST Global confirmed to CoinTelegraph that it has also not made any investment in Bitmain.

Twitter user BTCKING555, who, as Forklog pointed out, has been publishng insider information about Bitmain's IPO, has claimed that GIC has also not participated in the round, adding that information stating the same on Crunchbase is fraudulent:


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