by: xpoolPosted on:

SkyBridge Capital Tokenizes $300 Million, Signaling Institutional Shift to Blockchain

SkyBridge Capital, a firm led by Anthony Scaramucci, has launched a groundbreaking initiative involving the tokenization of $300 million in assets on the Avalanche blockchain. This landmark move leverages Tokeny’s infrastructure to enhance efficiency, liquidity, and transparency for asset management. The project utilizes the ERC-3643 token standard, marking a significant shift towards modernizing traditional fund management practices.

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