SkyBridge Capital plans to tokenize $300 million in assets on Avalanche
According to a report by Fortune, SkyBridge Capital, the investment firm led by Anthony Scaramucci, has announced plans to tokenize approximately $300 million in assets and deploy them on the Avalanche blockchain. This amount represents about 10% of SkyBridge’s assets under management and includes funds focused on non-security cryptocurrencies such as Bitcoin, as well as other portfolio funds. The tokenization process will be carried out in partnership with Tokeny.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. officials to hold key consultations on the "Crypto Market Structure Bill"
Analyst: Dovish Fed Stance Favors Risk Assets
Tom Lee predicts the S&P 500 will reach 7,700 points by 2026
U.S. stocks open with the Dow slightly up, Oracle plunges and drags down AI stocks
