Business Daily Media

Men's Weekly

.

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

Jorakay Corporation Appoints Dr. Jirat Sirichalermpong as New CEO, Effective January 5, 2026

BANGKOK, THAILAND - Media OutReach Newswire - 7 January 2026 - Jorakay Corporation Co., Ltd., Thailand's leading construction innovation company, has appointed Dr. Jirat Sirichalermpong as Chief...

Singapore fintech sees surge in investments despite global trade fragmentation and tariff escalation: KPMG’s Pulse of Fintech H1’25

SINGAPORE - Media OutReach Newswire - 26 September 2025 - Singapore's fintech sector recorded a strong rebound in the first half of 2025, attracting close to US$1.04 billion in investments across ...

KPMG and SID unveil Budget 2026 strategies to bolster Singapore’s role as a hub for global flows

Tackle rising business costs and trade barriers with a unified digital platform for Free Trade Agreements as well as build stronger economic partnerships.

Geely Redefines Next-Gen Smart Vehicle Tech, Unveiling Full-Domain AI 2.0 and G-ASD at CES 2026

Geely returned to CES 2026 for the third time, unveiling Full-Domain AI 2.0 and G-ASD to redefine next-gen smart vehicle tech. Geely advanced from "Full-Domain AI 1.0" to 2.0, wh...

90 Million Downloads & Counting: ELSA Speak’s AI helps HK Professionals Increase Market Value and Unlock Global Opportunities

HONG KONG SAR - Media OutReach Newswire - 8 January 2026 - With intensifying global competition and remote work becoming the new normal, Hong Kong people's "English capital" is facing unprecedente...

1Play and MOONTON Games Introduce First Official M Series Trading Card Collection in Multi-Year Strategic Partnership

SINGAPORE - Media OutReach Newswire - 8 January 2026 - MOONTON Games, the international video game company behind Mobile Legends: Bang Bang (MLBB), has announced a multi-year strategic partnership...

XTransfer Hits 800,000+ Global Clients

International Mix Deepens, Monthly Volume Breaks $12B SHANGHAI, CHINA - Media OutReach Newswire - 8 January 2026 - XTransfer, the world's leading B2B cross-border trade payment platform, is plea...

Kenanga Investors Launches Kenanga Growth Fund Series 3

The latest addition to Kenanga Investors’ flagship series follows the same proven investment objective and philosophy to meet the evolving needs of today’s investors. KUALA LUMPUR, MALAYSIA - Medi...

CHiQ Named One of the "2025-2026 Global Smart Home Brands Top 10" at CES

LAS VEGAS, US - Media OutReach Newswire - 8 January 2026 - On January 7 local time, CHiQ was honored with the "2025-2026 Global Smart Home Brands Top 10" award at CES 2026 in Las Vegas...

Choco Up Appoints Head of Corporate Strategy, Chief Risk Officer, and Country Head Australia Ahead of APAC Expansion

SINGAPORE - Media OutReach Newswire - 8 January 2026 - Choco Up, Asia’s leading growth financing platform for small and medium-sized enterprises (SMEs), today announced three strategic leadership ...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

RogersDigital.com has announced the launch of TheBulletin.au, a new national digital publication designed to deliver sharp, data-driven reporting ...