Anthony Scammuchi, founder of Skybridge, says sovereign wealth boxes are already gaining a bitcoin, but important allocations will not happen until the United States creates clearer regulations for the digital asset industry.
“I think they are buying it, and I think they are buying it on the margin,” Scaracci, the former White House communications director during the first period of US President Donald Trump, He said On the Bodcast Anthony Boxesi on May 8.
The legislation will lead to “large purchase blocks”
He added: “I do not think that it will be a tremendous land of purchase until we shed light on greenery legislation in the United States.” SCARAMCCI previously said in an interview with him in February with The Financial Times that he expected the United States government to be coded. Legislation in November.
Swfs owned by the government Investment funds that manage national savingsIt is often built from excess revenue such as oil profits or commercial gains. Norway has the largest SWF in the world, with about $ 1.73 trillion of assets under management, followed by China with $ 1.33 trillion, According to To data from visual capital.
Bitcoin (BTCThe maximum market is about $ 2.05 trillion, According to To Coinmarketcap.
SCARAMUCI said that if Stablecoin is passed, clear guidelines are provided to traditional banks to bitcoin nursery and other digital assets, and there is progress in symbolic stocks and bonds, and it is possible that a large wave of purchase of sovereign wealth boxes will be followed.
“Then I will tell you that there will be large purchase blocks, or 10, 20, 30 trillion dollars, the purchase of half a billion dollars of bitcoin, and the purchase of a billion bitcoin,” Skramucci said.
Related to: Founding investors continue to obtain Bitcoin above $ 100,000
He added: “But if you want to see Bitcoin worth a million dollars, this is when someone says in a sovereign, this is part of the infrastructure of the world’s financial services engineering.”
Ark Invest, CEO Cathay Wood recently He said that the chances of bitcoin It reached the price of seven numbers by 2030.
Woods said in February: “We actually believe that the possibilities have risen that our bull issue will be the correct number due to what has become the institutional character to this category of new assets,” Woods said in February.
