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Newbie question: can a chemical be available in oil and water soluble forms?

Question asked by Fanny Phan on Apr 23, 2014
Latest reply on Jul 10, 2014 by Jonathan Prince

I am researching a chemical "tetrahexyldecyl ascorbate" for a DIY skin care product and found multiple versions of this ingredient:


- Liquid form, oil-soluble

- Powder form, oil-soluble

- Powder form, water-soluble


They all have the same CAS number (183476-82-6) and molecular formula (C70H128O10).

I am not a chemist, and tried to do some research but I can't find anything on this. So my question is this: is this even possible?