According to Bloomberg, GIC Private Limited, a Singapore government owned wealth fund participated in Coinbase’s $300MM fundraising in October 2018.
While GIC’s participation was previously undisclosed, other investors included: Tiger Global Management, Wellington Management and Andreessen Horowitz. Both GIC and Coinbase declined comment to Bloomberg.
The GIC website claims the fund holds $100B in assets in over forty countries however the Sovereign Wealth Fund Institute estimates it holds $390B. This appears to be its first foray into the cryptocurrency space.