SkyBridge announced plans to invest most of its assets in cryp | Crypto Town

SkyBridge announced plans to invest most of its assets in cryptocurrency

The digital assets sector has the prospect of tremendous growth, the hedge fund believes

Hedge fund SkyBridge Capital intends to move most of its assets under management into cryptocurrency, as it sees the prospect of "tremendous" growth in this sector. Currently, the company hold almost $3.5 billion under management in digital assets, including bitcoin, Ethereum, Algorand and cryptocurrency stocks.

SkyBridge expects its focus on cryptocurrencies to triple its assets to $10 billion, and according to Anthony Scaramucci, head of the company, it may be a leading crypto-asset manager in the future.