Government-backed Singaporean Vertex Invests in Binance to Establish a New City Branch-3.17

Step by step, a cryptocurrency trading platform Binance is expanding their wings into the very heart of digital frenzy, Asia namely. But this time, the exchange’s business outreach hasn’t been broadened on their own accord, it is the oldest venture-capital firm in South-east Asia, Vertex to be praised for such a promotion.

According to an announcement, Vertex Ventures, the venture capital arm of Temasek Holdings – which is operated by the government of Singapore – has made a strategic investment in the Binance exchange. Further the fund is said to work with the exchange to set up a new branch in the city-state.

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