Anthony Scaramucci’s SkyBridge Capital is set to convert $300 million worth of its hedge fund holdings into tokenized assets on the Avalanche blockchain. The move, in collaboration with Tokeny and Apex Group, will nearly double Avalanche’s real world asset (RWA) portfolio.
The tokenization will use industry standard protocols, bringing funds like Digital Macro Master Fund and Legion Strategies on chain. Industry data shows that the RWA tokenization market has surged by more than 60 percent this year alone.
Tokenizing private funds unlocks greater transparency, fractional access, and secondary liquidity. It also signals growing institutional embrace of decentralized frameworks. As Avalanche’s infrastructure supports this shift, the chain solidifies its role as a bridge between traditional finance and decentralized innovation.
This initiative may catalyze further tokenization efforts, reshaping how investors access and trade sophisticated financial instruments in the blockchain era.
