Published 2 years ago

FTX Ventures plans to take 30% stake in Scaramucci's SkyBridge Capital

Summary by Ground News

FTX Ventures has been active as an acquirer of crypto firms during the recent downturn. The investment comes just a couple of months after SkyBridge suspended redemptions from its Legion Strategies fund-of-funds, which invested in bitcoin and other digital assets during the last bull cycle.

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Reuters

FTX Ventures plans to take 30% stake in Scaramucci's SkyBridge Capital

FTX Ventures plans to scoop up a 30% stake in SkyBridge Capital, the companies said, making it the latest in a flurry of deals by cryptocurrency's white knight Sam Bankman-Fried.

2 years ago·United Kingdom

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CNBC

Crypto-exchange FTX takes 30% stake in Anthony Scaramucci's SkyBridge Capital

FTX Founder and CEO Sam Bankman-Fried and Anthony Scaramucci, SkyBridge Capital founder, join CNBC's 'Squawk Box' to discuss why FTX has taken a stake in SkyBridge Capital.

2 years ago·United States

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Financial Post

FTX Ventures plans to take 30% stake in Scaramucci’s SkyBridge Capital

FTX Ventures plans to scoop up a 30% stake in SkyBridge Capital, the companies said, making it the latest in a flurry of deals by cryptocurrency's white knight Sam Bankman-Fried. Read More

2 years ago·Canada

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Wall Street Journal

FTX Acquires 30% Stake in Anthony Scaramucci's SkyBridge Capital

FTX Ventures, an investment arm of Sam Bankman-Fried’s crypto exchange FTX, acquired a 30% stake in SkyBridge Capital, an investment firm founded by Anthony Scaramucci. Read more about Sam Bankman-Fried: [The 30-Year-Old Spending $1 Billion to Save Crypto](https://www.wsj.com/articles/cry

2 years ago·New York, United States

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PR Newswire

FTX Ventures to Acquire Stake in SkyBridge Capital

/PRNewswire/ -- FTX Ventures, a multi-stage venture capital fund, today announced that it will acquire a 30% stake in SkyBridge Capital ("SkyBridge"), a global...

2 years ago·United States

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Cointelegraph

SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital

Two powerhouses on the crypto asset market link up as an venture capital arm of crypto exchange FTX acquires a large share in alternative investment firm SkyBridge Capital.

2 years ago

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