Avalanche's Custom Tech Powers $300M SkyBridge Tokenization Shift

Avalanche has secured a significant move in the institutional blockchain space as SkyBridge Capital, the investment firm led by Anthony Scaramucci, announced plans to tokenize $300 million across two of its funds using the Avalanche blockchain [5]. This deployment marks a pivotal step in the growing adoption of tokenized real-world assets (RWA) and positions Avalanche as a key player in bridging traditional finance with decentralized infrastructure. The decision to deploy on Avalanche was driven by the platform’s high scalability, low transaction costs, and rapid finality, which are essential for managing the complex logistics of tokenized financial products [3].

SkyBridge’s tokenization strategy involves two funds: one focused on non-SEC-registered cryptocurrency investments and another composed of a diversified portfolio of its existing venture and crypto funds. By leveraging Avalanche, SkyBridge aims to streamline processes that traditionally involve multiple intermediaries, reducing transaction times and fees. The firm’s CEO, Scaramucci, has highlighted the coming years as the era of real-world tokenization, forecasting that 2026 and 2027 will be transformative in how assets are managed, traded, and settled on-chain [5]. This aligns with broader industry trends, as major institutions like BlackRock and VanEck have also begun exploring tokenized money market funds on blockchains like Solana and Aptos.

The Avalanche blockchain has been actively expanding its institutional footprint through initiatives such as the tokenization of assets, smart contracts, and cross-chain solutions. A recent project by Australia and New Zealand Banking Group (ANZ), in partnership with Chainlink, demonstrated the potential of tokenized asset settlement using Avalanche’s Evergreen Subnets [6]. The collaboration showcased how ANZ could facilitate cross-chain transactions between Ethereum and Avalanche, enabling seamless DvP (Delivery vs. Payment) settlements using tokenized stablecoins. This test leveraged Avalanche’s customizable subnet architecture, which allows institutions to operate in tailored blockchain environments while benefiting from public network innovation and interoperability.

Avalanche’s infrastructure supports these advancements through its high-performance architecture and flexible subnet capabilities. The platform’s Avalanche Consensus Mechanism ensures near-instant transaction finality, with the ability to process over 4,500 transactions per second [1]. Avalanche’s three-chain architecture—comprising the X-Chain for asset creation, the P-Chain for staking and subnet coordination, and the C-Chain for smart contracts—enables institutions to deploy custom blockchain solutions tailored to their specific compliance and operational requirements. The platform’s recent upgrades, including Avalanche9000 and Avalanche Octane, have further optimized performance and reduced fees, making it an attractive option for institutional-grade tokenization.

The growing adoption of tokenization is also reflected in Avalanche’s ecosystem developments. Projects like Spruce, an Evergreen Subnet, have attracted Wall Street firms such as WisdomTree to test On-Chain Finance (OnFi) use cases. Meanwhile, Citi and J.P. Morgan have joined initiatives under Project Guardian, a collaboration led by the Monetary Authority of Singapore, to explore blockchain-based solutions using Avalanche’s subnets. These developments highlight Avalanche’s role in facilitating the convergence of traditional and decentralized finance, as well as its capacity to support institutional-grade infrastructure.

SkyBridge’s move to Avalanche, along with the success of projects like the ANZ tokenized asset settlement initiative, underscores the platform’s growing influence in the RWA space. As more institutions experiment with blockchain-based solutions, Avalanche’s combination of speed, scalability, and institutional-grade customization positions it as a leading infrastructure for tokenization. The broader market has responded positively, with AVAX experiencing price appreciation amid increased institutional interest and technical bullishness. If tokenization continues to gain traction as a transformative force in finance, Avalanche is well-positioned to capture a significant share of the emerging market.

Source:

[1] Avalanche (AVAX) (https://www.avax.network/about/avalanche-avax)

[2] Avalanche Price, AVAX Price, Live Charts, and Marketcap (https://www.coinbase.com/price/avalanche)

[3] Bowmore To Launch Limited Edition Tokenized Whisky Bottles on Avalanche (https://www.avax.network/about/blog/bowmore-to-launch-limited-edition-tokenized-whisky-bottles-on-avalanche)

[4] Avalanche (AVAX) Price Climbs as Institutions Back Tokenization Initiatives (https://cryptodaily.co.uk/news-in-crypto/bitzo:avalanche-avax-price-climbs-as-institutions-back-tokenization-initiatives)

[5] Exclusive: Anthony Scaramucci's SkyBridge Capital to Tokenize $300M in Funds on Avalanche (https://finance.yahoo.com/news/exclusive-anthony-scaramucci-skybridge-capital-140000168.html)

[6] Avalanche and Chainlink Leveraged in Tokenized Asset Settlement Project (https://www.avax.network/about/blog/anz-leverages-avalanche-and-chainlink-in-tokenized-asset-settlement-project)