Crypto Investment Update – August 2025

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/09/01/crypto-investment-update-august-2025/

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2025/08/01/crypto-investment-update-july-2025/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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Tokenize Exchange Update

Since the Crypto Investment Update – July 2025, a few things happened with respect to the Tokenize Exchange saga. They were documented in the following blog posts:

• MAS Media Release on Tokenize Exchange
• Adding Receiving Addresses in Tokenize Exchange
• Crypto Withdrawal from Tokenize Exchange
• Crypto Withdrawal from Tokenize Exchange Part 2
• Tokenize Exchange Under Interim Judicial Management

In summary, MAS announced the rejection of Tokenize Exchange licence application and refer the case to CAD, and the High Court approved the application by 7 investors and placed Tokenize Exchange under Interim Judicial Management (IJM).

In between these 2 events, I went ahead to withdraw my crypto holdings in Tokenize Exchange, but the status had been "IN TRANSIT" all this while. With the IJM in place, all withdrawals had been suspended.

I had already registered my contact information and digital asset holdings using the Tokenize Customer Form provided by the IJM. In the FAQ document provided by the IJM, here is the part addressing the "What's next?" question:

Basically the IJMs were working to understand the financial and operational situation of Tokenize Exchange (operated by ATPL) and assess whether a corporate rescue is possible. A Judicial Management hearing is expected to be held no later than 15 September 2025.

So far I haven't received any update from the IJM. There is nothing I can do but wait for further notice.

Market Update

Here are the charts of the 6 crypto coins in my portfolio as of 31 August 2025:

One thing to note on the above TradingView charts. In previous month updates, I was using BTCSGD/ETHSGD/SOLSGD symbols on Tokenize Exchange platform to retrieve their respective charts, but these charts stopped updating since 17 August 2025. I managed to find BTCSGD/ETHSGD symbols on the Gemini platform, but couldn't find SOLSGD symbok on other platforms.

Fortunately TradingView has this cool feature, where users can apply simple mathematical operators on symbols. Therefore, I can construct SOLSGD chart by multiplying SOLUSD and USDSGD, i.e. the symbol is SOLUSD*USDSGD.

Back to the crypto market performance. The 2 main coins BTC/ETH went different ways in August 2025. BTC dropped and broke below its Ichimoku Cloud, whereas ETH broke above the recent double-top level of SGD5,400, reached a high of around SGD6,300 before retracing back to SGD5,700 level and stayed above its Ichimoku Cloud.

The 3 alt coins SOL/ADA/XRP went up and down in different degrees, with SOL/ADA stayed above their Ichimoku Clouds, and XRP ended in the lower boundary in its cloud.

As expected, the utility coin TKX stayed flat at about SGD5.90 since the saga.

Performance Update

My crypto portfolio performance as of 31 August 2025:

ETH/SOL/ADA/XRP returns improved in August 2025, but BTC/TKX dropped. Since my withdrawals were suspended, the portfolio value is just an academic exercise that can't be realized until the dust is settled.