SkyBridge founder and his son lead investment in Trump-backed American Bitcoin with $220 million in funding

BlockBeats News, November 15th, according to Fortune magazine, Anthony Scaramucci, who briefly served as White House Communications Director during the first term of President Trump but soon became a public critic of the President. However, this did not stop the SkyBridge Capital founder and his son AJ Scaramucci from supporting American Bitcoin—this Bitcoin mining company was co-founded by Trump's son Eric Trump, with Trump's eldest son Donald Jr. also participating in the investment.

During an interview with Fortune magazine, the Scaramucci father and son stated that AJ's investment firm, Solari Capital, led a $220 million financing round for this "Trump family company" in July. Other participants included Tony Robbins, Cardano founder Charles Hoskinson, veteran investor Grant Cardone, and serial entrepreneur Peter Diamandis.

American Bitcoin completed this financing round before going public through a reverse merger in September this year, but never publicly disclosed the list of investors. AJ stated that Solari Capital invested over $100 million in the company but refused to provide a specific number. Anthony himself also invested a small amount of money, similarly undisclosed.