Whampoa To Wield $100M for Web3: Report

Investment arm of the Singapore Family Office eyes the sector’s budding developments with new fund

article-image

Singapore; Source: Shutterstock

share
  • The investment arm is expected to begin pouring $100 million into Web3 startups by next quarter
  • A further $50 million will be raised for a crypto-related hedge fund

The investment arm of one of Singapore’s largest multi-family offices is expected to set aside $100 million for the investment and incubation of Web3 startups, Reuters reported Thursday.

Whampoa Group’s digital asset investment business, Whampoa Digital, is expected to pour money into the sector via a venture fund targeting equity and tokens of products or services.

Whampoa’s fund, which intends to scale up its investment in the space, is expected to commence next quarter, in roughly one to three months time, CEO of Whampoa Group said in the report. 

The group said it also plans to raise $50 million for a crypto-related hedge fund, according to separate reports. Despite crypto’s poor performance this year, executives of the group said they believe investment in Web3 technology stood to offer significant long-term growth potential.

Whampoa part of Web3 venture investing trend

Amid bearish market sentiment and depreciating crypto prices, large allocations of institutional capital continue to flow into crypto’s Web3 sector, and this isn’t Whampoa’s first foray.

The firm supported Binance’s $500 million fund — also slated for Web3 investments — in June. 

Venture capital giant Andreessen Horowitz, meanwhile, launched the industry’s largest fund totaling $4.5 billion in a move widely considered to provide a significant boost to those building software and applications.

Founded by the daughter of Singapore’s first Prime Minister, Whampoa is a privately held investment group focusing on high-growth, future-forward investments, according to its LinkedIn page.

The group’s investment portfolio comprises roughly 200 companies which it has established over the last ten years.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template.png

Research

The march toward an interoperable and onchain-by-default internet depends on reliable messaging and value transfer across heterogeneous domains. Crosschain protocols now process >$1.3T in combined annual transfer volume and secure tens of millions of user interactions, yet no single design dominates.

article-image

Reform UK’s party leader Farage took the stage at DAS London this morning

by Blockworks /
article-image

Friday saw dramatic crypto market activity in the hours after President Donald Trump threatened a new flare-up in US-China trade tensions.

article-image

Officials suspect potential insider trading after wagers on Nobel Peace Prize winner surged hours before announcement

by Blockworks /
article-image

The bank will allow bitcoin and ether fund exposure in any account type, marking a post-election shift in Wall Street’s crypto stance

by Blockworks /
article-image

The CFTC-regulated event-trading platform expands into hybrid markets as Wall Street and crypto investors converge

by Blockworks /
article-image

The Bank of Russia will let banks handle cryptocurrencies under tight reserve caps as lawmakers prepare a digital asset bill

by Blockworks /