SkyBridge Capital’s $300 Million Avalanche Tokenization Move Shatters Traditional Fund Barriers
Wall Street meets blockchain as Anthony Scaramucci's SkyBridge Capital launches groundbreaking tokenization initiative.
BREAKING: Traditional finance just got a crypto upgrade
SkyBridge Capital drops $300 million across two flagship funds onto Avalanche's blockchain—bypassing legacy settlement systems and slashing administrative overhead. The move converts conventional fund shares into digital tokens, granting instant liquidity and 24/7 trading capabilities that traditional finance can't match.
Why institutions are paying attention
Avalanche's subnet architecture handles the heavy lifting—processing thousands of transactions per second while maintaining regulatory compliance. Investors gain fractional ownership previously reserved for whale-sized commitments. The tokenization cuts middlemen out of the equation, because why pay bankers when code executes faster?
The cynical take
Because nothing says innovation like finding new ways to package assets for yield-starved investors—though this time, at least the paperwork's digital.
Watch for copycats: When one fund cracks the code, the entire industry follows. Traditional finance's infrastructure just got a demolition notice.
Ethereum ETFs Pull in Historic Inflows as Institutions Shift Focus
While tokenization advocates highlight transparency and efficiency, adoption remains in its early stages. Still, industry heavyweights including BlackRock, Franklin Templeton, and VanEck have already tokenized money-market funds on chains like solana and Aptos, underscoring growing institutional interest.
If successful, SkyBridge’s initiative could mark another step in bridging traditional finance with decentralized networks, paving the way for broader blockchain-based fund distribution.
