SkyBridge to launch new digital assets fund

SkyBridge Capital is planning to launch a new digital assets fund on Feb. 1.

Anthony Scaramucci, founder of SkyBridge, outlined the plans on the sidelines of the iConnections’ Global Alts 2022 Conference in Miami this week. He said that the firm planned to launch a polycoin fund with $100 million.

Polycoin essentially is the idea of investing in various coins instead of allocating solely to Bitcoin, Ethereum or other digital currencies.

The move follows the Securities and Exchange Commission last week Continue Reading

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