Anthony Scaramucci’s SkyBridge Capital to tokenize $300 million on Avalanche
Another investment firm is putting funds on the blockchain. Anthony Scaramucci, the founder and CEO of SkyBridge Capital, announced Tuesday that his company plans to hold around $300 million from two funds in the form of tokenized assets. SkyBridge’s move comes amid a wave of enthusiasm for what the crypto industry calls tokenization. The process entails creating digital token versions of real-world assets like Treasury bills, which can be easily traded on a blockchain in the same way as Bitcoin or stablecoins.
“I’m basically seeing 2026 into 2027 as the age of real-world tokenization,” Scaramucci, a former Goldman Sachs executive who had a brief stint at the White House during President Donald Trump’s first term, told…
