The founder of SkyBridge Capital, Anthony Scaramucci, announced that he is investing in a new crypto company established by Brett Harrison, who previously served as the president of the now-closed cryptocurrency exchange FTX US.
According to a Bloomberg report, Anthony Scaramucci, an American financier and former White House director of communications, will fund the venture with his own funds to help Harrison.
Brett Harrison, who had been seeking funding for a crypto software company with a potential valuation of $100 million, said, “I’m honored to have him as an investment partner, and know his guidance will be invaluable as I begin this new chapter.”
The yet-to-be-named company aims to provide crypto traders with the ability to develop algorithmic strategies for accessing various centralized and decentralized markets. Brett Harrison worked at FTX US for about 17 months, and stepped down in September.
“Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago,” Harrison said.
Scaramucci replied via tweet by saying, “Brett I am proud to be an investor in your new company. Go forward. Don’t look back. Wishing you the best.”
The details regarding the amount of money invested and the stake received by Anthony Scaramucci in the venture have not been made public.
Anthony Scaramucci is optimistic about the crypto market’s recovery this year and expects 2023 to be a “recovery year.” In a recent interview with CNBC on Jan. 15, he predicted that Bitcoin will rebound to a range of $50,000 to $100,000 in the next two to three years.
Also Read: Scaramucci says Bitcoin Won’t Hedge Inflation Until it Hits 1B Wallets
