Scaramucci "Next year, exponential opportunities will come to virtual assets"

Uk Jin

Summary

Scaramucci predicted that the virtual assets market will have exponential opportunities next year.
He said that securing regulatory clarity for virtual assets worldwide would have a positive effect on the market.
He said that using blockchain networks such as Ethereum (ETH) and Solana (SOL) could reduce transaction verification costs by 75%.

Anthony Scaramucci, the founder of SkyBridge Capital, offered a positive outlook for the virtual assets (cryptocurrencies) market next year.

On the 12th (KST), according to crypto-focused outlet Cointelegraph, Scaramucci said at the 'Longitude (LONGITUDE)' event, "Technological innovation will reconfigure the financial system and bring significant changes to the global economy," and "the growth of virtual assets will expand exponentially."

He said that first, securing regulatory clarity for virtual assets worldwide would have a positive effect on the market. Scaramucci stated, "Policymakers around the world, including the United States, are working to keep cryptocurrencies competitive domestically," adding, "Moreover, the United States is now considering measures to maintain infrastructure related to virtual assets."

Institutional investment is also expected to become more active. Scaramucci explained, "Traditional finance spends $4 trillion annually on transaction verification costs," and "using blockchain networks such as Ethereum (ETH) and Solana (SOL) can reduce that cost by up to 75%."

SOL

ETH