Written by: Lin Wanwan
Twelve minutes’ drive north of Singapore Changi Airport stands one of the world’s most secure private vaults, Le Freeport, at the end of the runway.
This building, which cost around 100 million Singapore dollars, is known as the “Fort Knox of Asia.” It has no windows, yet maintains a constant temperature of 21°C and a humidity level of 55% year-round, perfectly suited for storing artwork.
Behind its heavily guarded steel doors lie hundreds of millions of dollars’ worth of gold, silver, and rare artworks: all kept tax-free and customs-free.
Three years ago, one of Asia’s youngest crypto billionaires, Bitdeer founder Wu Jihan, acquired this vault—rumored to have cost as much as 100 million Singapore dollars—for just 40 million SGD (about 210 million RMB).
This deal was confirmed that year by Bloomberg, and behind the purchase was Bitdeer, operated by Wu Jihan.