Anthony Scaramucci's SkyBridge Capital Seeks SEC Permission to Launch Bitcoin Fund

in hive-116221 •  4 years ago 

STEEM POSTS

According to an SEC document on Monday (Dec. 21, 2020), Anthony Scaramucci's billion-dollar hedge fund, SkyBridge Capital, filed a Form D with the U.S. securities watchdog for its first bitcoin fund.

The fund, known as SkyBridge Bitcoin Fund L.P., will have Scaramucci serving as manager. Also, SkyBridge registered the new fund under Rule 506(c), meaning that the issuer can advertise its offering with the condition that the buyers are verified, accredited investors.

Founded in 2005 by Scaramucci, SkyBridge earlier noted in a previous SEC filing that it could "seek exposure to digital assets." A part of the November document stated thus:

"Investment Funds may invest in digital assets without restriction as


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.