Together, Temasek and Republic would act as general partners in the new vehicle. The process is ongoing and the final amount could change, the people said.
Superscrypt, a blockchain venture capital company backed by Temasek Holdings Pte, plans to raise up to US$100 million ($132.6 million) for its second investment fund, according to people familiar with the matter.
Singapore’s state-owned investment company Temasek has been lined up as an anchor investor in the new fund alongside the New York-based fintech firm Republic, said the people, who asked not to be identified as the fundraising effort is private.
