Daily Briefing: Temasek unit invests in Israeli cybersecurity startup; Sim Lim Square shop attracts cryptocoin miners

And here's why over-diversifying your investments would do you more harm than good.

From Deal Street Asia:

Vertex Ventures, part of Singapore state investor Temasek Holdings, has joined a $4.7-million seed financing round of Israeli startup Cylus, which develops cybersecurity solutions for railways and metros.

According to a media release, other investors who participated in the round include Zohar Zisapel, a private investor and Founder of RAD, as well as Magma Venture Partners, and the SBI Group.

Read more here.

From The Motley Fool:

Portfolio diversification is integral to any investment plan. It prevents us from an over-reliance on a single investment and can negate the risks of large losses should one of our investments tank.

However, at the same time, over-diversification can do more harm than good. In this article, I will explain three reasons why we should not over-diversify our portfolio.

Read more here.

From Bloomberg:

The volatile and mysterious world of cryptocurrencies is now a shopping mall away -- at least in Singapore.

Ready-made computing machines used to facilitate transactions in Bitcoin and other digital currencies have appeared on the city-state’s shop shelves even as its central bank sounds a note of caution.

The availability of store-bought ‘mining rigs,’ each contributing its computing power to solve the complex mathematical problems needed to confirm transactions in digital currencies, means would-be cryptocurrency ‘miners’ in the country no longer have to assemble their own machines out of separate components.

Read more here.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia