Popular

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

advertisement

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. 

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

SEC said to allow first bitcoin futures ETF to trade in US: report

The U.S. Securities and Exchange Commission is said to be allowing the first Bitcoin futures exchange-traded fund (ETF), per a Bloomberg report. The publication said in a report on Thursday night that the U.S. regulator “isn’t likely to block the products from starting to trade next week,” citing people familiar with the matter. The report […]
Read Full Story
Oct 15, 2021, 2:54AM UTC
More