Connect with us
Active Currencies 14355
Market Cap $2,749,024,587,679.70
Bitcoin Share 50.89%
24h Market Cap Change $8.26

SEC filing reveals Anthony Scaramucci’s plans for ‘bitcoin’ investment fund

1min Read

Share this article

US Securities and Exchange Commission filing stated that Anthony Scaramucci intends to launch a new bitcoin fund – named SkyBridge Bitcoin Fund L.P- which has been incorporated in the state of Delaware. 

The filing detailed that Scaramucci, as well as Brett Messing, a partner at SkyBridge Capital, would hold executive roles at the fund. Additionally, the report mentioned that the fund could seek “exposure to digital assets.” 

The notice further stated that the fund has not acquired investments from outside investors, but the minimum investment accepted from any outside participant was $50,000.

Anthony Scaramucci, a former White House Communications Director, founded SkyBridge, a hedge fund in 2005. The fund manages $9.3 billion and claims to make a wide range of hedge offerings to Fortune 500 companies, not-for-profit endowments and foundations, sovereign wealth entities, among others.  

If SEC greenlights the project, then the New-York based hedge fund would allow participants to invest in a “SkyBridge Bitcoin Fund L.P.” At press time, SkyBridge has not yet made an official statement about the development.

Share

Alisha is a full-time journalist at AMBCrypto. Her interests lie in blockchain technology, crypto-crimes, and market developments in Africa and the United States
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.