Facebook-backed Libra continues expanding its association with three new members, including Singapore’s state-owned investment firm Temasek.
Swiss-based Libra Association called the inclusion of Temasek as a differentiator due to its position as an Asia-focused investor with an eye on «innovative technologies such as blockchain as transformative enablers of growth,» according to a statement.
«Temasek’s efforts to support and advance the use of blockchain technology across a range of use cases, asset classes and sectors, reflects its drive to explore, develop and invest in solutions to bring about a better, smarter, and more sustainable world,» Libra Association said.
In addition, the association also welcomed to its membership San Francisco-based tech investors Paradigm, which focuses on cryptoassets or crypto-related business, and Slow Ventures, which focuses on key technologies as well as «those on the edges of science society and culture».
Diverse Membership
According to the statement, diverse membership from different industries, geographies and sectors is critical to drive the development of the worldwide blockchain-based payment system and contribute to «governance, technological roadmap and launch readiness».
«Each of these organizations shares our overall mission alignment bringing unique capabilities and long term focus on market development for blockchain and digital assets,» said Dante Disparte, vice chairman and head of policy and communications for the Libra Association.
Earlier this year, the likes of Heier International, Checkout.com, Shopify and Tagomi also joined as members of the Libra Association.
