FreeCryptoCurrency.Me

Free stocks and money too!

Anthony Scaramucci is starting a bitcoin-related investment fund, SEC filing shows

Anthony Scaramucci is starting a bitcoin-related investment fund, SEC filing shows

A filing with the U.S. Securities and Exchange Commission dated December 21 shows that investor and former Trump White House aide Anthony Scaramucci is moving forward with plans to invest in bitcoin — though perhaps indirectly.

The filing includes few details about the fund, entitled SkyBridge Bitcoin Fund L.P. Per the filing, no investments have been received from outside participants, though it lists a minimum investment size of $50,000. Scaramucci is listed alongside Brett Messing, a partner at Scaramucci’s SkyBridge Capital. 

Scaramucci previously appeared on an episode of The Block’s The Scoop podcast, during which he spoke about investor Paul Tudor Jones’ bitcoin investments and said: “I have no problem owning, as a pass-through through his fund, some level of digital currency exposure.”

SkyBridge previously opened the door to potentially investing in investment funds that would “provide exposure to digital assets.” 

“The Company may seek exposure to digital assets (as defined herein) by investing in Investment Funds that provide exposure to digital assets. Investments by the Company and/or Investment Funds may also be made in companies providing technologies related to digital assets or other emerging technologies,” the firm said at the time. SkyBridge is a so-called fund of funds, meaning it invests in other investment funds. It’s not clear at this time, based on the filing, if SkyBridge Bitcoin Fund L.P. will adhere to that same model.

Scaramucci did not respond to a text message from The Block. 

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Go to Source
Author: Michael McSweeney


Follow by Email
Facebook20
Pinterest20
fb-share-icon
LinkedIn20
Share