Indian-American Balaji Srinivasan Acquires Singapore Island to Build Futuristic “Network State”

Singapore

Indian- American Balaji Srinivasan Acquires Singapore Island to Build Futuristic “Network State”: Indian-American entrepreneur and tech pioneer Balaji Srinivasan has purchased a private island near Singapore to kickstart his ambitious “Network State” project – a decentralized, digital-first nation designed for innovators, founders, and tech enthusiasts.

Who Is Balaji Srinivasan?

• Former CTO of Coinbase (2018-2020)
• Co-founder of genetic testing firm Counsyl (sold to Myriad Genetics)
• Early investor in Bitcoin, Ethereum, and 50+ Silicon Valley startups
• Author of The Network State (2022), a manifesto for internet-native communities
• Known for predicting “The Great Online Migration” of work and governance

A Bold Vision Takes Physical Shape

Former Coinbase CTO and serial entrepreneur Srinivasan, known for his book The Network State, is turning theory into reality. His plan? To create a sovereign, tech-driven society where like-minded individuals can live, work, and innovate under shared values.

Inside the “Network School” Experiment

Currently, the island hosts the Network School, a three-month residential program blending fitness, AI, and startup training. Instagram user Nick Peterson, a participant, describes it as “an oasis for gym rats and startup founders.”

“We’re testing what a new nation would feel like,” Peterson shared, showcasing daily routines that mix intense workouts with cutting-edge tech education.

Bitcoin-Funded, Future-Ready

Srinivasan announced the acquisition on X (formerly Twitter): “We got an island. Through Bitcoin’s power, we now have a beautiful space near Singapore to build the Network School.”

The long-term goal? Global recognition as a sovereign tech nation, merging digital governance with real-world territory.