š SkyBridge Capital Goes ALL IN on Tokenization! š„
Anthony Scaramucci just made a massive move SkyBridge Capital is officially tokenizing $300 MILLION worth of assets on the Avalanche ($AVAX ) blockchain! š„ Thatās a 160% surge in their tokenized portfolio and itās about to shake the RWA space! ā”
Two funds are going on chain:
š° One purely focused on crypto giants like Bitcoin
š Another mixing venture capital + crypto a power combo for the next bull cycle!
Partnering with Tokeny, SkyBridge aims to make investing faster, cheaper, and more secure through tokenization tech. š§ š”
Avalanche already holds $1.9B TVL and ranks 12th in RWA tokenization with $188M but this SkyBridge move could catapult it into the top 10! ā¬ļø
Meanwhile, the global RWA market is on FIRE exploding from $15.8B ā $26.4B this year alone (+64.7%!) š¹ Giants like BlackRock and Franklin Templeton are already in the raceā¦ and Scaramucci just stepped on the gas! šļøšØ
š¬ Bottom Line: Real world assets are becoming real money on chain and Avalanche might be the next big playground for institutional crypto! šš„
