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
Equities: Rotation out of AI as breadth stays positive – Danske Bank
Amid doubts about demand, Bank of America backs Apple (AAPL.US)! iPhone Duo pre-sale will be a crucial test
Despite investors weighing the market response to the latest iPhone product line amid price increases and a phased launch, Bank of America still maintains a "Buy" rating on Apple with a target price of $370.
Crypto prices
More
