SkyBridge Capital Deploys $300 Million to Avalanche Blockchain

SkyBridge Capital, led by CEO Anthony Scaramucci, is pioneering a new era in finance with the tokenization of $300 million from two funds. This move represents approximately 10% of SkyBridge’s overall assets under management. Tokenization, a technology that creates digital representations of real-world assets on a blockchain, facilitates faster and more efficient trading by replicating asset classes like Bitcoin.