Cryptocurrencies

Scaramucci Says Crypto Treasury Company Trend ‘Will Fade’ Away

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, at the World Economic Forum in Davos on Jan. 21. 

Photographer: Stefan Wermuth/Bloomberg

Anthony Scaramucci, founder and managing partner of the hedge fund SkyBridge Capital, says that the recent proliferation of public companies adopting crypto treasury strategies is a trend that will eventually go away.

“Right now we’re having this replicative treasury company idea,” Scaramucci said in an interview Tuesday. “So, you know, it will fade.”