Business Daily Media

The Times


.

Array Secures $10 Million Investment from Temasek Family for Next-Generation Algorithmic Currency System

VICTORIA, SEYCHELLES - Media OutReach - 1 May 2023 - On March 28, 2023, Array is thrilled to announce that it has secured a $10 million investment from Temasek Family, a leading global investment firm.

This investment marks a significant milestone for Array.


The first round of funding raised $10 million in equity financing, which is a strong indication of Array's potential and value. Array has already gained significant attention and support from investors, and this second round of funding is even more remarkable.

Array is thrilled to reveal that its valuation after this investment is rumored to be over $100 million, making it one of the most valuable algorithmic currency systems in the market. Array is grateful for this massive investment from a well-respected family, which is a strong indication of the potential and value that it brings to the table. Array believes that this investment also suggests that the family has faith in its vision and the team behind it.

Array has developed innovative and disruptive technology that has caught the attention of investors and industry experts alike. Its algorithmic currency system is designed to be more stable, efficient, and scalable than traditional cryptocurrencies, making it a promising candidate for a variety of use cases, including payments, remittances, and investment.

Its smart contract platform, ArrayFi, is also a significant development in the blockchain space. It enables decentralized applications to be built on top of its network, leading to a more decentralized and democratic financial system. ArrayFi is a fully decentralized finance (DeFi) smart contract platform driven by its self-invented AI algorithm, ArrayGo. Based on the bonding curve smart contract, ArrayGo has all the advantages of maintaining stability and preventing risks while being greatly improved. ArrayGo operates independently, without any human or institutional control, and is driven solely by market actions. Unlike traditional bonding curves that are set up by centralized controllers, Array-Go learns, observes, and predicts, making ArrayFi a groundbreaking DeFi project in the market.

Hashtag: #Array

The issuer is solely responsible for the content of this announcement.

About Array

Array is an omni-chain protocol for application-oriented decentralized asset management, dedicated to building a next-generation algorithmic currency system. Array redefines the potential of algorithmic currency, simplifies the complex steps of application interaction, and allows Web3 to get rid of the cycle of volatility while still enjoying the creation of wealth together.


Twitter:
Discord:
Telegram:

News from Asia

Awards Sweep Reflects OR's 'Empowering All Toward Inclusive Growth' Vision in Action Across Business and Society

PTT Oil and Retail Business Public Company Limited secured 12 awards across international, industry and consumer sectors in 2026, reflecting broad recognition of its vision to link business growth ...

1win Charity Directs Over $170,000 to Charitable Purposes in India

NEW DELHI, INDIA – Media OutReach Newswire – 2 October 2026 – 1win Charity continues to expand its community initiatives across India, directing more than $170,000 to projects supporting elderly ...

DP World Expands Contract Logistics Network in Thailand with New Bang Na Distribution Centre

New 10,000-square-metre distribution centre supports high-value and time-sensitive supply chains, connecting Greater Bangkok with Laem Chabang Port and manufacturing centres in Thailand’s Eastern E...

MSIG Malaysia Reinforces Long-Term Commitment to Community Resilience Through Partnership with Epic Homes

Initiative combines housing support with fire insurance protection to provide greater financial security for Orang Asli familiesKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 October 2026 – ...

PRECISE and Temus establish Joint Innovation Centre to advance precision health in Singapore

Five-year collaboration will build the technology, data, and delivery capabilities needed to translate genomic research into real-world healthcare applications under Singapore's National Precision ...

Tennor Global takes 65% stake in Alpha Energy's new international arm

Houston-based Alpha Energy forms Alpha Energy International to acquire and modernise mature oil fields; Tennor provides $500 million funding facilityHOUSTON, US – Media OutReach Newswire – 2 Octob...

US$136.3 billion investment wave opens a historic opportunity for Vietnam’s energy equipment market

HANOI, VIETNAM – Media OutReach Newswire – 2 October 2026 – A US$136.3 billion investment pipeline for power generation and grids to 2030 is opening a new race in technology, equipment and supply...

Far East Organization Unveils The Serra Residences

A Rare Freehold Home in Novena, District 11 SINGAPORE – Media OutReach Newswire – 2 October 2026 – Far East Organization (远东机构) announces the unveiling of The Serra Residences, a new 28-storey...

UstarPay to Co-Host TOKEN2049 Singapore Networking Event with BitGo and HashKey Cloud

HONG KONG SAR - Media OutReach Newswire - 2 October 2026 - UstarPay announced that it will co-host "Token2049 Networking Event with BitGo, HashKey & UstarPay" with BitGo and HashKey Cloud dur...

Decoding Rural China's Governance: How six villages turn viral fame into shared prosperity

BEIJING, CHINA – Media OutReach Newswire – 2 October 2026 – People's Daily's video series Decoding Rural China's Governance, which explores grassroots governance and rural development in differen...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...