Venture capitalist Mark Carnegie has moved to Singapore, where he is launching a listed Asia-based digital asset platform, shunning Australia for what he says is a “pro-crypto” regulated market.
Wong Fong Fui – the billionaire known as F.F. Wong who is chairman and CEO of the Singapore-listed Boustead conglomerate – will invest $S10 million ($10.23 million) via a notes deal into the new crypto company, which will use the fresh funds to support its proprietary trading initiatives.
Loading...
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
