Sam Bankman-Fried’s FTX Ventures takes 30% stake in Scaramucci’s SkyBridge Capital


The investment arm of Sam Bankman-Fried’s crypto exchange FTX is taking a 30% stake in investment firm SkyBridge Capital. “We’re delighted about the transaction and think there’s a very bright future for Skybridge and, of course, for FTX,” Skybridge founder Anthony Scaramucci told CNBC, which first reported the deal. Skybridge will use a portion of the investment by FTX Ventures to deploy $40 million in cryptocurrency investments to hold on the company’s balance sheet, CNBC reported.

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