Some serious investors are looking at the world's biggest MMA promotions and just days after the UFC sale was confirmed (details), ONE Championship revealed a multibillion dollar fund in Singapore has made a significant investment in the company.
Nasdaq reports that the investment by Temasek Holdings is worth tens of millions of dollars and it is likely to see ONE Championship ramp up its 2016 schedule with more events set to be announced over the coming weeks. According to chairman and founder Chatri Sityodtong the company is on course for a billion-dollar valuation.
"Since day one my dream has been to create Asia's first multibillion dollar sports media property.