SkyBridge founder Anthony Scaramucci has pledged funds from his own pocket to support a new crypto start-up founded by former FTX US president Brett Harrison.
It is understood that the crypto software company — which doesn’t yet have a name — will enable crypto traders to create algorithmic-based strategies to access different markets — both centralized and decentralized.
It is also understood that Harrison has been seeking a fundraising target as high as $10 million for a $100 million valuation. In a Jan. 14 tweet responding to Harrison's lengthy thread on Sam Bankman-Fried and his time at FTX U, Scaramucci said he was “proud” to be an investor in Harrison’s new company.
Brett I am proud to be an investor in your new company. Go forward. Don’t look back. Wishing you the best.Harrison replied to the tweet thanking Scaramucci, adding that “Your support and advice means the world to me. I can’t wait to work together!”Harrison’s new crypto venture was first hinted at on Sept. 27, 2022, when he announced he wasAt the time, he said he was resigning his position as president but will remain with the exchange in an advisory role for the next few months.
that he left the firm after his relationship with Bankman-Fried abruptly deteriorated and that the troubles led him to shift his “focus to the future and to my own company.”Meanwhile, Scaramucci continues to have high hopes for crypto market recovery this year, describing 2023’s market outlook as a “recovery year.”
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