Skybridge Capital Embarks on Digital Transformation, Converting Hedge Funds into Crypto Assets

Skybridge Capital, under the leadership of Anthony Scaramucci, is undergoing a major shift in its strategy by converting two of its hedge funds, worth approximately $300 million USD, into crypto assets via the Avalanche (AVAX) network. This initiative leverages Tokeny’s tokenization expertise to enable these funds to be traded seamlessly on blockchain infrastructure, offering increased accessibility and transparency for investors. The move is part of a broader digital transformation strategy that aims to make traditional financial assets more readily available and swift to exchange.