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Temasek-backed Partior's new CEO says recent funding is proof of blockchain commercialisation

Nicole Lim
Nicole Lim • 7 min read
Temasek-backed Partior's new CEO says recent funding is proof of blockchain commercialisation
Valenbreder: AI today is what blockchain was four years ago; there was interest, hype, everybody wanted to do it, now I think [blockchain] has a more realistic proposition. Photo: Partior
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Temasek-backed Partior has remained largely out of the public eye since becoming an independent company in 2021. However, this year saw a shift following the departure of former CEO Jason Thompson in January, which sparked a series of new developments.

The distributed ledger technology (DLT) company first emerged from Project Ubin in 2016, a multi-year project by the Monetary Authority of Singapore (MAS) to study the feasibility of using blockchain in financial institutions.

After achieving proof-of-concept, the firm was later backed by some of the biggest names in finance — DBS, JP Morgan, Standard Chartered and Temasek Holdings — as it embarked on its journey to become a publicly available DLT platform.

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