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Announced

FTX Ventures to acquire a 30% stake in SkyBridge Capital.

Synopsis

FTX Ventures, a venture capital firm, agreed to acquire a 30% stake in SkyBridge Capital, an investment company. Financial terms were not disclosed. "Sam is a visionary who has built incredible businesses that are synergistic with the future of SkyBridge. Our business has continued to evolve since we founded the firm in 2005. We will remain a diversified asset management firm, while investing heavily in blockchain," Anthony Scaramucci, SkyBridge Founder and Managing Partner.

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