Anthony Scaramucci’s SkyBridge Capital to tokenize $300 million on Avalanche

Anthony Scaramucci’s SkyBridge Capital to tokenize $300 million on Avalanche

The onetime Goldman Sachs executive and White House communications director has been a crypto booster for years.

SkyBridge Capital to tokenise $300m on Avalanche blockchain

Anthony Scaramucci’s SkyBridge Capital is set to tokenise approximately $300m from two of its funds on the Avalanche blockchain, as the firm embraces the growing trend of real-world asset tokenisation, according to a report by Fortune. According to crypto analytics provider DefiLlama Avalanche currently has nearly $2bn in assets. The move represents around 10% of SkyBridge’s assets under management. One of the funds focuses on cryptocurrencies n…

Scaramucci's SkyBridge plans to tokenise $300 million on Avalanche

Anthony Scaramucci's SkyBridge Leverages 'Ethereum Killer' Avalanche To Tokenize $300 Million In Real-World Assets

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, has revealed plans to tokenize approximately $300 million from two of the firm’s funds on Avalanche. Disclosure: 82% of retail CFD accounts lose money SkyBridge To Put 10% Of Assets On Avalanche Chain Scaramucci’s SkyBridge Capital intends to convert a portion of its assets into tokenized form, a process that involves creating digital tokens representing real-world assets…

Scaramucci’s SkyBridge Capital to Tokenize $300M in Avalanche

SkyBridge Capital, the company headed by Anthony Scaramucci will tokenize 300 million hedge funds on the Avalanche blockchain. The shift is a share of around ten percent of the assets under management of SkyBridge. Scaramucci denied the funds aren t the Digital Macro Master Fund and Legion Strategies. The Digital Macro Master Fund is an investment fund that deals with cryptocurrencies such as the Bitcoin, whereas Legion Strategies is a fund-of-f…