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A tech campus in Malaysia’s $100 billion ghost city got shut down. One crypto executive is on a mission to revive it.

"Silicon Valley's for tech, why not we make Forest City a hub for AI and blockchain?" Jeff Yew, head of Monochrome Asset Management, told BI.

Malaysian crypto executive Jeff Yew aims to revive a former tech commune known as Network School, which was shut down by authorities in July. Network School, founded by former Coinbase CTO Balaji Srinivasan, was located in Forest City, Malaysia's $100 billion ghost town. Yew, head of Monochrome Asset Management, sees the former campus as an opportunity to create a hub for AI and blockchain entrepreneurs in the region, addressing the scattered presence of crypto companies and entrepreneurs across Malaysia and Singapore.

The proposal is still in its early stages, but Yew envisions a campus where people can work, learn, and eventually settle with their families.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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