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Scaramucci's SkyBridge Capital to Tokenize $300M in Hedge Funds on Avalanche Network
ByAinvest
Thursday, Aug 21, 2025 2:14 am ET1min read
SkyBridge Capital, an investment management firm led by Anthony Scaramucci, plans to tokenize $300 million worth of its hedge funds on the Avalanche (AVAX) network in partnership with Tokeny and Apex Group. This move aims to increase transparency, liquidity, and accessibility for investors and demonstrates the growing appeal of blockchain rails for traditional financial instruments. The tokenized real-world assets market has doubled over the past year, reaching $26 billion, and is projected to grow to a trillion-dollar market by 2030.
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