Cryptocurrency News

SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead

04/25/2022

Less than a minute

2022.04.25 12:11

SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead

SkyBridge Capital is working on pivoting the majority of its assets under management (AUM) to digital assets, as the sector represents “tremendous growth” for the firm.

The hedge fund was founded by former United States politician Anthony Scaramucci in 2005 and first delved into Bitcoin (BTC) in late 2020. The firm also has money deployed in other hedge funds, late-stage private tech companies and real estate, with its total AUM reported being around $7.3 billion.

04/25/2022

Less than a minute

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