The founding father of Skybridge Capital, Anthony Scaramucci, has reportedly supported Brett Harrison, former president of FTX US crypto trading platform, in a brand new crypto company project.
Scaramucci can be supporting the said company along with his own personal money, in an undisclosed amount in an email sent to varied news outlets, in keeping with Financial Express.
Harrison’s Latest Crypto Company
As for Harrison, his recent, currently unnamed company, goals to assist investors and traders within the cryptocurrency market access different related markets. That can be made possible by allowing them to create strategies based on algorithms.
The accessed markets could be each centralized and decentralized.
Former FTX US President Brett Harrison. Image: Startup Story
With a purpose to make his recent company a reality, the previous FTX US big boss has been in search of a $10 million fundraising project, with a $100 million valuation once reached.
Brett I’m proud to be an investor in your recent company. Go forward. Don’t look back. Wishing you the perfect.
— Anthony Scaramucci (@Scaramucci) January 14, 2023
In a tweet posted by Harrison on the 14th of January, 2023, Scaramucci’s response says that he’s proud to be an investor. He also wished Harrison the perfect in his recent endeavor, while advising him to go forward and never to look back.
Hints Before The Collapse?
There have been hints that Harrison gave out before stepping down as president of FTX US in September 2022. It might only take just a few months after that for FTX to collapse, which happened in November 2022.
Image: Euronews
He even stated the next with the people covering his announcement:
“I can’t wait to share more details about what I’m going to do.”
Harrison worked for 17 months before stepping down from his role as FTX US leader. His previous work before FTX was with Citadel Securities and a trading firm named Jane Street. The latter is where he worked with Sam Bankman-Fried, the founder and CEO of FTX.
What Would Be Next?
As for Scaramucci, he said that he has high hopes for the recovery of the cryptocurrency market. He believes that this 12 months could be a “return 12 months” for the crypto, in keeping with BullFrag.
He even stated that Bitcoin (BTC) would rally as much as the $50,000 to $100,000 price range in the subsequent two to 3 years, in one in all his interviews.
Crypto total market cap at $932 billion on the day by day chart | Chart: TradingView.com
He added the next, saying:
“You take risks, but you’re also believing within the adoption [de bitcoin]. So if we get the adoption right, and I believe we’ll, this might easily be a fifty to 100 thousand dollar asset in the subsequent two to 3 years.”
Scaramucci is an American investor who served as Director of Communications on the White House from July 21 to July 31, 2017. Between 1989 and 1996, he worked within the investment banking, equities, and personal wealth management divisions of Goldman Sachs.
-Featured image from WIRED