# Temasek denies involvement in Bitmain IPO By Shampa Mani Canonical URL: https://www.tokenpost.com/news/business/297 Published: 2018-09-05T04:35:15.000Z Updated: 2018-09-05T04:35:15.000Z Section: Business > Singaporean investment company Temasek is the latest to announce that it has not made any investment in bitcoin mining giant Bitmain. Singaporean investment company Temasek is the latest to announce that it has not made any investment in bitcoin mining giant Bitmain. We've seen commentary about an IPO involving a cryptocurrency company, Bitmain. Temasek is not an investor in Bitmain, and has never had discussions with, or an investment in Bitmain. News reports about our involvement in their IPO are false. — Temasek (@Temasek) [August 30, 2018]() Bitmain founder and CEO Jihan Wu also denied such [reports]() saying that they are “mostly fake”. Even if I needed to contact Temasek, I guess I would have used Wechat or something. Oversea phone call’s quality is very bad. I don’t have the convenience to comment most of the news related with Bitmain, but they are mostly as fake as this. [pic.twitter.com/EaYYbzfEhX]() — Jihan Wu (@JihanWu) [August 22, 2018]() Last month, Softbank and Tencent also [denied]() reports that suggested that they participated in Bitmain’s pre- Initial Public Offering (IPO) funding round. DST Global [confirmed to CoinTelegraph]() that it has also not made any investment in Bitmain. Twitter user BTCKING555, who, as Forklog pointed out, has been publishng insider information about Bitmain's IPO, has claimed that GIC has also not participated in the round, adding that information stating the same on Crunchbase is fraudulent: When [@Temasek]() exposes lying Chinese Mainland Company Bitmain [@HKEXGroup]() what about GIC ? Whose name Bitmain uses as investor in its deck and is on crunchbase [#bitmainipo]() [@STcom]() [@govsingapore]() GIC name is defrauded! Statement perhaps ? [pic.twitter.com/AefooHEUYq]() — BTCKING555 (@btcking555) [September 3, 2018]() Time for your affiliate organization GIC to follow your example and make statemen [@STcom]() Bitmain uses them in their investment deck, which is fraud! GIC we wait ! [pic.twitter.com/IAIfMIFISb]() — BTCKING555 (@btcking555) [September 3, 2018]() G M T Detect languageAfrikaansAlbanianAmharicArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CorsicanCroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchFrisianGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHawaiianHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanKurdishKyrgyzLaoLatinLatvianLithuanianLuxembourgishMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPashtoPersianPolishPortuguesePunjabiRomanianRussianSamoanScots GaelicSerbianSesothoShonaSindhiSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshXhosaYiddishYorubaZulu AfrikaansAlbanianAmharicArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CorsicanCroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchFrisianGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHawaiianHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanKurdishKyrgyzLaoLatinLatvianLithuanianLuxembourgishMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPashtoPersianPolishPortuguesePunjabiRomanianRussianSamoanScots GaelicSerbianSesothoShonaSindhiSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshXhosaYiddishYorubaZulu Text-to-speech function is limited to 200 characters Options : History : Feedback : [Donate]() Close ## Links in this article - [August 30, 2018](https://twitter.com/Temasek/status/1035188455242756098?ref_src=twsrc%5Etfw) - [reports](https://cryptovest.com/news/bitmains-ipo-hinges-on-temaseks-decision-to-participate/) - [pic.twitter.com/EaYYbzfEhX](https://t.co/EaYYbzfEhX) - [August 22, 2018](https://twitter.com/JihanWu/status/1032305996775841792?ref_src=twsrc%5Etfw) - [denied](https://www.econotimes.com/Softbank-refutes-reports-on-investment-deal-with-bitcoin-mining-giant-Bitmain-1418404) - [confirmed to CoinTelegraph](https://cointelegraph.com/news/investment-firm-denies-involvement-in-bitmain-ipo-following-erroneous-media-reports) - [@Temasek](https://twitter.com/Temasek?ref_src=twsrc%5Etfw) - [@HKEXGroup](https://twitter.com/HKEXGroup?ref_src=twsrc%5Etfw) - [#bitmainipo](https://twitter.com/hashtag/bitmainipo?src=hash&ref_src=twsrc%5Etfw) - [@STcom](https://twitter.com/STcom?ref_src=twsrc%5Etfw) - [@govsingapore](https://twitter.com/govsingapore?ref_src=twsrc%5Etfw) - [pic.twitter.com/AefooHEUYq](https://t.co/AefooHEUYq) - [September 3, 2018](https://twitter.com/btcking555/status/1036661791768465409?ref_src=twsrc%5Etfw) - [pic.twitter.com/IAIfMIFISb](https://t.co/IAIfMIFISb) - [September 3, 2018](https://twitter.com/btcking555/status/1036665399129993218?ref_src=twsrc%5Etfw) - [Donate](https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GD9D8CPW8HFA2)