SkyBridge raises $100M for Algorand fund and files for crypto company ETF

Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. Read the full article by: Samuel Haig

Key Points:

• SkyBridge is now trying to get into the ETF mix but this time with Algorand which Scaramucci says they have raised $100 million for.

• Anthony Scaramucci is the CEO of SkyBridge capital and he compares the current regulatory situation to that of Uber a few years back. He said “This is a lot like Uber — the regulators wanted to knock Uber out of business, but the people wanted Uber and the people won,”

• More news keeps coming out everyday with Algorand as the project continues its solid month.