Oppie Indpendent say Bitcoin is investment and Toto is bad, u agreed?

[k1976]

Maybe this is the real guy they want to advance Cypto agenda here in SG

 

[k1976]

Leemember?

Lee families scions’ Whampoa Group appoints co-heads for digital investment arm
Khairani Afifi Noordin
15 March 2023 1 min read


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Whampoa Digital will invest in equity and tokens of products and services that facilitate the mass adoption of Web3.

Singapore-based multi-family office Whampoa Group has appointed Sherwin Koh and Tim Tan as co-heads of its newly-created digital investment arm Whampoa Digital.

Accountant by training, Koh is a self-taught software engineer who has built applications on the Ethereum blockchain. He has previously worked at Immin and Otonomos, which offers blockchain-based corporate services.

Koh was an early miner of Ethereum and Monero and invested in the initial coin offerings of companies including Decentraland and Polygon. He has experience managing funds for investors using a self-developed suite of proprietary trading tools and bots.

 

[CoffeeAhSoh]

 

[k1976]

View attachment 219589
View attachment 219590

A ATAS exclusive business investment vehicle

 

[k1976]

LKY’s Niece, SG Wealthy Descendants Embrace Crypto Funds​

BLOCKHEAD - 09 SEP 2022

Heirs of Singapore’s most prominent figures are making an aggressive push towards crypto.

Whampoa Group is planning to splurge US$100 million through a venture capital fund in the space whilst raising $50 million for a crypto-related hedge fund, according to chief executive officer Shawn Chan.

Chan said the Whampoa hedge fund is market-neutral to offset the volatility of cryptocurrencies and trades Bitcoin and Ethereum mainly, whilst occasionally being involved with other tokens if the risk-reward is favourable.

“We think there is great conviction in this space. The venture capital fund will help us to expand our footprint in this area,” said Chan.

Read more: Temasek Doubles Down on Web3 But Singapore Still Wary of “Speculation”​

The multi-family office investment group was co-founded by Amy Lee – the daughter of Lee Kim Yew, who is the brother of Singapore’s founding Prime Minister Lee Kuan Yew. Amy Lee also served as a senior partner at Lee & Lee, a law firm started by the Lee brothers and Lee Kuan Yew’s wife.

Whampoa Group’s other co-founder is Lee Han Shih, whose family co-founded OCBC and Lee Rubber Group, among other companies.

Family offices are less regulated than other financial firms but still play a prominent role in the alternative investments space.

According to DBS, Singapore’s wealthy have been investors have been picking up buying opportunities amid a downturn in the crypto markets, helping to propel Bitcoin trading at its digital exchange at a time when MAS is deterring retail crypto trading, it said in August.

Read more: Crypto Trading Rebounds at DBS Digital Exchange​

Whampoa will invest the raised funds in quity and tokens of products that facilitrate the mass adoption of Web3. The fund will likely be launched next quarter and has received strong interest from Chinese tech firms.

The move is not the firm’s first venture into web3, having previously invested in a fund set up by Binance.

Earlier this year, Kiat Lim – the son of Singaporean business magnate Peter Lim – and oil business Mewah International family scion Elroy Cheo founded exclusive NFT club ARC together.

ARC is targeting social media influencers and entrepeneurs to build an app-based commmunity for networking and collaborations.

“We are a networking ecosystem that encompasses online and offline experiences, and pushing online boundaries,” Lim said.

In July, Mandopop star JJ Lin joined ARC as a co-founder, stating “I’m excited to be a part of the Arc movement. It is the only community today that brings hugely diverse groups together with a very strong purpose of growing and co-creating. That’s what really inspired me to take a very active role in this project as co-founder.”

 

[k1976]

MicroStrategy Loss Widens as Revenue Falls; Crypto Holdings Struggle​

Revenues in the bitcoin-buying software company’s product support and other services units declined​

By

Kelly Cloonan
Follow

Updated May 1, 2025 at 5:01 pm ET

MicroStrategy recorded an unrealized fair value loss on digital assets of $5.9 billion in the quarter, in line with the company’s preliminary guidance. PHOTO: STEFANI REYNOLDS/BLOOMBERG NEWS
MicroStrategy MSTR 0.39%increase; green up pointing triangle logged a steeper loss and lower revenue in the first quarter as the value of its cryptocurrency holdings fell.

 

[Scrooball (clone)]

34 year old can retire liao sia. Either he’s filthy rich or he’s fucking lazy.

 

[zhihau]

Altogether now!!! HUAT AH!!!