but you wouldn’t know it by attending the annual SALT conference in New York City this week, sponsored by hedge fund SkyBridge.-founded firm announced it sold a 30% stake to crypto exchange FTX — and the conference felt like an ad for the hedge fund’s new owner.
“We did that because Sam is a visionary and probably the most visionary person in crypto,” Scaramucci told a group of journalists at the event. "[Crypto] is better technology than the current technology." The firm immediately purchased $40 million worth of crypto assets, though he declined to name them to avoid creating “hype.” It will continue to invest in non-crypto assets as well.The tie-up between the two companies isn’t the beginning of their close relationship.
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