Scaramucci’s SkyBridge Capital Announces $300M Avalanche Tokenization Game-Changer

Wall Street meets blockchain as Anthony Scaramucci's SkyBridge Capital drops a $300 million bombshell—Avalanche becomes the infrastructure of choice for institutional tokenization.

Breaking Traditional Barriers

Forget slow-moving legacy systems. SkyBridge's move onto Avalanche cuts settlement times from days to seconds, bypasses intermediary bottlenecks, and unlocks real-time liquidity for traditionally illiquid assets. The $300 million commitment signals that tokenization isn't coming—it's already here.

Why Avalanche Wins

Blazing transaction speeds and sub-second finality made Avalanche the pick over competitors. The platform's custom blockchain capabilities let institutions build without compromising on security or compliance—something that still gives traditional finance executives night sweats.

Tokenization: Not Your 2017 ICO

This isn't speculative meme coin madness. We're talking real-world assets—private equity, credit, real estate—wrapped in programmable code. It’s finance, upgraded. And frankly, watching hedge funds finally grasp blockchain’s utility is almost as satisfying as watching them try to explain it to their golf buddies.

One cynical take? It took $300 million and a Mooch-led fund to get traditional finance to admit what crypto natives knew half a decade ago: the future isn't just digital—it's tokenized.

SkyBridge Capital Moves Into Tokenization

According to a Fortune report, the initiative will cover two SkyBridge funds. One invests directly in cryptocurrencies like Bitcoin, which the SEC has not classified as securities. The second, a “fund of funds,” includes venture capital stakes and additional crypto assets. Together, they represent roughly 10% of SkyBridge’s $2 billion in assets under management, according to filings cited by AUM13F.

Scaramucci said at the Wyoming Blockchain Symposium on Tuesday that the key question is whether tokenization can outperform existing financial systems.

“The answer is yes. History shows that when better technology appears, society eventually adopts it, even with resistance.”

Why Avalanche?

SkyBridge will partner with Luxembourg-based Tokeny, a specialist in digital securities, to carry out the transition. 

Avalanche, a layer-1 blockchain that secures nearly $1.9 billion in total value locked, has become a hub for real-world asset projects. Data from RWA.xyz shows the chain currently hosts $188 million in tokenized RWAs, ranking it 12th among blockchains.

Exclusive: Anthony Scaramucci’s SkyBridge Capital to tokenize $300 million on Avalanchehttps://t.co/na2oq2wZmw

Ava Labs President John Wu welcomed the SkyBridge move, saying, “We want to bring traditional finance on-chain while showing the world that blockchain can cut costs and increase efficiency.”

Avalanche’s native token, AVAX, trades around $22.50 at the reporting time. The blockchain’s focus on speed, low fees, and institutional partnerships makes it an attractive venue for firms seeking to digitize traditional assets.

AVAX fell more than 5% the previous day despite the positive developments.

Scaramucci’s Bet

His firm launched the SkyBridge bitcoin Fund LP in 2020, after investing $182 million into the cryptocurrency. 

Despite SkyBridge’s previous ties to the now-bankrupt exchange FTX, Scaramucci remains committed to crypto innovation. 

He told Fortune that he views 2026 and 2027 as the “age of real-world tokenization.”

For Scaramucci, the $300 million MOVE signals more than a tactical adjustment. It positions SkyBridge among traditional and crypto-native institutions racing to bring assets on-chain—from Treasurys to real estate. “This is the beginning of a new era,” he said.