Anthony Scaramucci, founder of SkyBridge Capital, believes that institutional adoption of Bitcoin has begun across the board and will accelerate rapidly in the coming quarters. Scaramucci made this statement in an interview with CNBC, where he highlighted the growing acceptance of Bitcoin by major financial institutions and pension funds.
He pointed to the recent announcement by the state of Wisconsin that it was investing in Bitcoin and hinted that other pension funds may follow suit. He attributed the growing institutional interest in Bitcoin to regulatory approval, which solves a key obstacle for large institutional investors.
Scaramucci also spoke about the broader impact of Bitcoin adoption, describing Bitcoin as "digital gold" rather than a universal currency, and emphasized Bitcoin's role as a hedge against massive money printing and inflation. (CryptoSlate)