skybridge

According to CoinDesk, SkyBridge Capital founder Anthony Scaramucci stated that despite the recent market downturn, he is still buying Bitcoin. SkyBridge Capital has increased its Bitcoin holdings at $84,000, $63,000, and the current price range, but he did not disclose the specific quantities and amounts purchased. Additionally, Anthony Scaramucci shared his views on Layer 1, believing that the programmable blockchain Solana will become one of the largest blockchains by market share.

According to Fortune, Anthony Scaramucci briefly served as White House Communications Director in President Trump's first administration but soon became a public critic of the president. However, this did not stop the SkyBridge Capital founder and his son AJ Scaramucci from supporting American Bitcoin— a Bitcoin mining company co-founded by Trump's second son Eric Trump, with Trump's eldest son Donald Jr. also involved in the investment.In an interview, the Scaramucci father and son stated that AJ's investment firm Solari Capital led a $220 million financing round for this Trump family company in July. American Bitcoin completed this financing before going public through a reverse merger in September this year, but has never publicly disclosed the list of investors.AJ stated that Solari Capital invested over $100 million in the company but declined to provide specific figures. Anthony himself also invested a small amount, which he similarly did not disclose.

ChainCatcher news, according to CoinDesk, Anthony Scaramucci's investment management company SkyBridge Capital plans to tokenize its $300 million hedge fund on the Avalanche network. The company will collaborate with the tokenization provider Tokeny and its parent company Apex Group to bring its Digital Macro Master Fund and Legion Strategies on-chain. Apex Group manages over $35 trillion in assets. Apex acquired Tokeny earlier this year. The plan adopts the ERC-3643 token standard and is supported operationally by Apex's Digital 3.0 platform, which is responsible for issuance, management, and distribution.According to data from RWA.xyz, the tokenized RWA market size has doubled in the past year, exceeding $26 billion, and reports from companies like McKinsey, Ripple, and BCG predict it will grow to a trillion-dollar market by 2030.

ChainCatcher news, according to CNBC, SkyBridge Capital founder Anthony Scaramucci stated in an interview with CNBC that he maintains his year-end target price for Bitcoin at $180,000 to $200,000. He also discussed this week's Wyoming blockchain seminar, the next Federal Reserve chair candidate, the current state of Bitcoin, and his views on stablecoins.

ChainCatcher news, according to Bloomberg, SkyBridge Capital founder Anthony Scaramucci recently stated that the trend of public companies incorporating Bitcoin into their balance sheets is merely a temporary phenomenon, predicting that this strategy will lose momentum in the coming months. "Current enterprises are just blindly mimicking (MicroStrategy's) hoarding strategy, and this craze will eventually fade."Scaramucci indicated that investors will eventually question: why pay a premium for companies holding Bitcoin instead of buying it directly? This trend began in 2021 when software company MicroStrategy (MSTR), led by CEO Michael Saylor, was the first to make significant Bitcoin purchases, resulting in its stock price soaring nearly 3000%, attracting other companies such as medical device maker Semler Scientific (SMLR) and Japanese listed company Metaplanet (3350) to follow suit.The craze is not limited to well-known companies; many small-cap companies are also attracting capital attention by increasing their holdings in Bitcoin or other cryptocurrencies (such as Ethereum and XRP). However, Scaramucci emphasized that Saylor's success is unique—MicroStrategy has diverse business lines in addition to Bitcoin, while "other follower companies need to bear additional management costs and valuation premiums."Despite being bullish on Bitcoin in the long term, Scaramucci cautioned investors to examine the hidden costs of "Bitcoin concept stocks." With the U.S. SEC approving spot ETFs, institutional investors can now directly allocate Bitcoin, weakening the scarcity logic of corporate hoarding. Data shows that the growth rate of corporate Bitcoin holdings in Q2 2024 has already decreased by 37% compared to the same period last year.

ChainCatcher news, according to Coinpedia, SkyBridge Capital founder Anthony Scaramucci stated at the Solana Accelerate 2025 conference that Solana will become a pillar of global finance and will replace banks in the capital markets.Scaramucci pointed out that nearly $7 trillion is spent globally each year on transaction verification, and Solana's high-speed, low-cost infrastructure can significantly reduce these costs. He predicts that Solana will become one of the main financial rails for the tokenization of real-world assets, ranging from stocks to bonds and various other assets.Scaramucci emphasized that on-chain IPOs do not require bank accounts, only a wallet. Compared to the traditional IPO fees of up to 7%, the Solana system can provide the same functionality at a lower cost and with broader coverage. Despite facing regulatory resistance, he believes that institutional adoption of Solana is "inevitable," and SkyBridge is already developing related strategies.Akshay BD from the Solana Foundation also stated that Solana can achieve universal micro-ownership through tokenization, allowing everyone to become an investor.

ChainCatcher news, according to Cointelegraph, CryptoQuant CEO Ki Young Ju analyzed that the Strategy is accumulating Bitcoin at a rate higher than miners' output, resulting in an annual deflation rate of -2.33%. The Strategy holds 555,000 BTC and has no intention of selling, with its holdings alone causing an annual deflation rate of -2.23%.The Strategy brings traditional financial funds into the Bitcoin market by selling corporate debt and equity, accumulating an average of 2,087 BTC per day, far exceeding the miners' daily output of 450 BTC. Michael Saylor, as a co-founder of the Strategy, actively promotes institutional adoption of Bitcoin, with over 13,000 institutions directly holding its stock.Additionally, ETF inflows stabilize Bitcoin prices and reduce volatility. However, SkyBridge founder Anthony Scaramucci stated that sovereign wealth funds will not make large-scale purchases of Bitcoin until there is a clear regulatory framework for cryptocurrencies in the U.S. Once regulations are clear, it is expected to drive Bitcoin prices further up.

ChainCatcher news, according to DL News, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, stated in CNBC's Squawk Box program that he will bet on Solana. Although the company holds a "small amount" of Ethereum, the low fees and faster transaction speeds of Solana make him more optimistic about SOL, especially in the area of tokenization.In the field of tokenization, Solana will win this competition. If BlackRock CEO Larry Fink is correct, we will eventually tokenize stocks and bonds, making Solana a more obvious choice.

ChainCatcher news, according to Cointelegraph, SkyBridge Capital founder Anthony Scaramucci stated that he expects the U.S. to pass legislation supporting cryptocurrencies by November 2025, as lawmakers often push for favorable regulations before the Christmas recess.

ChainCatcher news, hedge fund SkyBridge founder Anthony Scaramucci stated at the Bitcoin MENA event, "By this time next year, the Chinese will support Bitcoin."

According to ChainCatcher news, as reported by Forbes, the bankruptcy estate of FTX has initiated 23 new lawsuits against institutions such as Binance, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even the lobbying group Fwd.us supported by Mark Zuckerberg, in an attempt to recover funds for creditors.These lawsuits allege that the funds transferred to these organizations were part of a larger "influence-buying campaign" orchestrated by FTX founder Sam Bankman-Fried. According to the legal documents, Bankman-Fried funneled money into political and traditional financial sectors through sponsorships, investments, and donations to enhance his reputation while concealing FTX's increasingly severe financial instability.The lawsuits claim that these expenditures provided "little to no benefit" to FTX or its creditors, primarily serving to maintain the illusion of financial stability as the company struggled with a significant gap in its balance sheet.

ChainCatcher news, according to Cointelegraph, the FTX bankruptcy group is seeking to recover over $100 million from SkyBridge Capital and founder Anthony Scaramucci to reclaim funds spent by former FTX CEO Sam Bankman-Fried (SBF) on sponsorship and investment agreements made with Scaramucci and SkyBridge since 2022.According to legal documents dated November 8, before FTX's collapse, Bankman-Fried engaged in a series of investments and partnerships with SkyBridge Capital and Scaramucci—first providing a $12 million sponsorship for Scaramucci's SALT conference in January 2022.Shortly thereafter, in March 2022, SBF directed Alameda Research to invest $10 million in the SkyBridge Coin Fund. Later, in September 2022, FTX acquired a 30% stake in the operating company managing SkyBridge investment vehicles for $45 million. FTX's lawyers argue that this investment lacked financial prudence—believing that "the FTX group could have easily purchased a basket of cryptocurrencies for a significantly lower cost than the majority of the $45 million investment."

ChainCatcher news, according to The Block, kyBridge Capital CEO Anthony Scaramucci expressed an optimistic prediction for Bitcoin, stating that regardless of who becomes president, Bitcoin will rise.Considering the market's potential reaction to the victory of Donald Trump or Kamala Harris, if Trump wins, Bitcoin may rise in the short term, as he is generally seen as a deregulator who could overturn many of the Biden administration's policies, but Harris has also expressed support for blockchain and Bitcoin.

ChainCatcher news, according to CNBC, SkyBridge Capital founder and managing partner Anthony Scaramucci stated that he and a group of cryptocurrency advocates are working with U.S. Vice President Kamala Harris to develop her digital asset policy for the upcoming November elections.He mentioned that Harris has been listening to the opinions of cryptocurrency supporters, and they are pushing her to support industry-friendly policies, adding that the Vice President even had some related discussions this week.

ChainCatcher news, according to The Block, SkyBridge Capital founder and managing partner Anthony Scaramucci stated that some U.S. cryptocurrency supporters are currently working with Vice President Kamala Harris to push the Democratic Party away from Senator Elizabeth Warren and SEC Chairman Gary Gensler.Anthony Scaramucci indicated that this could lead to more positive legislation and clearer regulations regarding stablecoins and a broader cryptocurrency regulatory framework. The election of former President Donald Trump could trigger an "avalanche" against his campaign opposition, which may pose a "danger" to achieving bipartisan consensus on cryptocurrency policy in the U.S.

ChainCatcher news, Anthony Scaramucci, founder and managing partner of global alternative investment firm SkyBridge Capital, predicts that if Harris wins the election, her approach to cryptocurrency regulation will be roughly similar to Trump's. Anthony Scaramucci stated that although Trump has expressed his support for cryptocurrency, "it's hard to know which direction he will take once in office," as he is an unpredictable politician. He also mentioned, "I think you will start to see Harris's robust economic policies and her stance on cryptocurrency regulation, and I am very optimistic."

ChainCatcher news, Anthony Scaramucci, the founder and managing partner of global investment firm Skybridge Capital, stated that SEC Chairman Gary Gensler hopes Harris loses the election.

ChainCatcher news, SkyBridge Capital founder Anthony Scaramucci stated in an exclusive interview with Cointelegraph that presidential candidate Kamala Harris may lose the U.S. election due to her failure to attract cryptocurrency-supporting voters.Scaramucci believes that even if there are only 25 million cryptocurrency holders in the U.S., 5% of single-issue voters could influence the election results in swing states.As the former White House Communications Director under the Trump administration, Scaramucci acknowledged that the Democratic Party's stance on the crypto industry is a "disaster." However, despite the fact that most of the crypto community seems to support Trump due to his pro-crypto position, Scaramucci believes that Trump is not the ideal candidate for the crypto space.He stated that Trump is someone who is extremely transactional, supporting crypto today but potentially not supporting it tomorrow. Scaramucci believes that Trump's goal is to create an "oligopoly," which would undermine the U.S. capital markets and its position in the world.