Asset manager ‘SkyBridge Capital’ plans to tokenize $300 million of its assets—around 10% of its AUM—on the Avalanche blockchain

SkyBridge Capital, led by Anthony Scaramucci, is tokenizing $300 million on the Avalanche blockchain, a move that leverages Avalanche’s high-speed, low-cost infrastructure, which processed over $1.9 billion in assets by mid-2025 per DefiLlama, signaling a shift of traditional finance into decentralized systems.

This initiative, involving partners Tokeny Solutions and Apex Group, taps into the growing real-world asset (RWA) tokenization trend, with Chainlink’s 2024 report estimating a potential $16 trillion market by 2030, driven by enhanced liquidity and transparency for institutional investors.

Scaramucci’s prior pivot to crypto, including a 2021 bitcoin fund launch after recovering from a 23% loss, reflects a calculated risk, validated by Avalanche’s 2025 partnerships with major players like Janus Henderson, suggesting a robust ecosystem for institutional adoption.

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