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SkyBridge Capital prepares to invest in Digital Assets

SkyBridge Capital prepares to invest in Digital Assets

SkyBridge Capital, an investment company with $9 billion under management, has filed applications with the US Securities and Exchange Commission (SEC) for approval of investments in digital assets.

SkyBridge Capital was founded by Anthony Scaramucci and is a “fund for funds” – funds are invested in various funds and third-party management companies. The SkyBridge applications state:

“The company seeks investment in digital assets through investments in investment funds that provide access to digital assets. Funds can also be invested in companies that work with digital asset-related technologies and other emerging technologies. Investment funds can have both long and short positions on digital assets. Digital assets are assets that are issued and moved through technological innovations, such as a distributed ledger or blockchain. The list includes bitcoin, but is not limited to it.”

The applications were forwarded to the SEC on November 13 and 16. At the same time, the documents do not indicate whether investments in digital assets have already been made.

Recall that a week ago, billionaire and former hedge fund manager Stanley Druckenmiller (Stanley Druckenmiller) said that investing in bitcoin will be more profitable than investing in gold.