SkyBridge Capital plans to tokenize $300 million assets on Avalanche Anthony Scaramucci's investment company SkyBridge Capital announced plans to tokenize approximately $300 million in assets and deploy them on the Avalanche blockchain. This fund accounts for approximately 10% of SkyBridge's managed assets, including funds focused on non securities cryptocurrencies such as Bitcoin and other investment portfolio funds. The tokenization will be completed through partner Tokeny. SkyBridge's move follows the recent trend of asset tokenization on blockchain by financial giants such as BlackRock and Franklin Templeton. The Avalanche network currently has nearly $2 billion in assets, and SkyBridge hopes to promote the integration of traditional finance and blockchain technology through this tokenization, while showcasing the cost saving advantages of blockchain.