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Scaramucci predicts that SOL's market capitalization will surpass ETH. SkyBridge Capital holds hundreds of millions of BTC and SOL.
On June 19, Anthony Scaramucci, the founder of SkyBridge Capital, stated, “I believe SOL’s market capitalization will surpass ETH,” while admitting, “I don’t actually have a particular view on ETH.”
He added, “I was a late entrant and first invested in crypto in 2020,” explaining that he “didn’t really start looking at Ethereum” and “not that I had a negative view of Ethereum, but that I understood the Solana story a little bit better.”
Scaramucci revealed that SkyBridge holds “hundreds of millions of dollars in Bitcoin and SOL” on its corporate balance sheet, and that “about 40% of our client funds are invested in digital assets,” including Multicoin Capital and Brevan Howard Digital. He also mentioned that there is a fund within a fund that includes a number of digital asset funds, “We have about $300 million in so-called ‘token funds’ under management, which includes Solana, Avalanche, Polkadot and a lot of Bitcoin.”