The crypto software company aims to allow crypto traders to create algorithm-based strategies to access different markets.
Anthony Scaramucci, the founder of Skybridge Capital, is investing in a crypto company founded by the former president of FTX in the United States.

Scaramucci told Bloomberg in an email that he will invest his personal money to support the former US President’s new venture FTX, which came three weeks after the collapse of the FTX stock exchange.

The undisclosed crypto software company reportedly allows crypto traders to make algorithmic strategies to access a variety of centralized and decentralized markets.

Harrison is understood to be looking at a fundraising goal of $10 million toward the $100 million mark.

In a Jan. 14 tweet, responding to Harrison’s lengthy article about Sam Bankman-Fried, and his time at FTX US, Scaramucci said he was excited to be an investor in Harrison’s new venture.

Harrison responded by tweeting thanks to Scaramucci, saying, “Your support and advice means the world to me. Can’t wait to work together!

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However, the amount of money spent and the shares Scaramucci received were not disclosed.

Harrison’s new crypto venture first became public on September 27 when he announced his resignation from the board of FTX US.

At that time, he said he resigned from his post. But it will remain in an advisory position regarding the exchange for the next few months.

“I can’t wait to share more about what I’m doing next,” he said at the time.

In a recent tweet, Harrison announced that he was leaving the company after his relationship with Bankman-Fried soured, and the issue brought him into the spotlight. “My future with my company”

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Meanwhile, Scaramucci is very optimistic about this year’s rise in the crypto market, citing the market’s condition in 2023 as “the year of recovery.”

In an interview with CNBC on January 15, the crypto investor said that he expects Bitcoin (BTC) to return to its level. 50,000-100,000 dollars in the next 2-3 years.

“You take risks. But you also accept [Bitcoin]. what I believe we can do will be worth 50,000 to 100,000 in the next few years”.

At press time, Bitcoin is trading at $21,240, an increase of 21.77% compared to last week.

Source: CoinTelegraph