Woofun AI reports that Singapore sovereign wealth fund Temasek continues to exclude direct cryptocurrency investments from its portfolio, citing persistent regulatory uncertainty as the primary deterrent. Nagi Hamiyeh, Head of Global Investments, stated that the lack of consistent legal frameworks across jurisdictions renders direct exposure too risky for the fund’s mandate. Instead, the firm prioritizes blockchain infrastructure applications in supply chain management and financial settlements. This cautious stance follows a $275 million loss incurred from the FTX collapse in 2022, reinforcing a strategy that favors regulated, tangible technology over speculative digital assets.