According to a BusinessInsider article, Anthony Scaramucci's investment company, Skybridge Capital, will introduce a new fund that would concentrate on investments in the Web3 and cryptocurrency sectors.
After a sharp decline in both stocks and cryptocurrencies, it was revealed earlier this week that Skybridge had blocked withdrawals from Legion Strategies, a $230 million fund of funds.
The new venture and growth-style equity fund will reportedly be officially unveiled at SkyBridge's annual Salt conference on September 12 and will aim to invest in late-stage cryptocurrencies and digital asset companies as well as Web3 fintechs.
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