Superscrypt plans to raise $100 million for its second fund

BlockBeats news, November 1, according to Bloomberg, according to people familiar with the matter, Temasek-backed blockchain venture capital company Superscrypt plans to raise up to $100 million for its second investment fund. Temasek has become a cornerstone investor in this new fund together with New York fintech company Republic. Temasek and Republic will jointly serve as general partners of the new company. The fundraising process is ongoing and the final amount may change. Previously, Temasek wrote down its $275 million investment in FTX in 2022.