SkyBridge Capital Founder: U.S. Regulatory Frameworks May Drive Sovereign Wealth Funds to Purchase Bitcoin
According to ChainCatcher, Anthony Scaramucci, founder of SkyBridge Capital, stated that some sovereign wealth funds have marginally allocated Bitcoin. However, significant capital inflows are difficult to achieve before the U.S. establishes clear regulatory frameworks for digital assets.
He pointed out that if the U.S. passes stablecoin regulatory legislation, allowing traditional banks to custody Bitcoin and making progress in the tokenization of stocks and bonds, it could trigger a wave of large purchases of Bitcoin by sovereign wealth funds.
Anthony Scaramucci emphasized that the price of Bitcoin could reach a million dollars only if sovereign wealth funds view Bitcoin as part of the global financial infrastructure.
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