According to PANews, SkyBridge Capital, an 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-securities cryptocurrencies like Bitcoin, as well as other portfolio funds. The tokenization process will be carried out in partnership with Tokeny. This move aligns with a broader trend among financial giants such as BlackRock and Franklin Templeton, who have recently ventured into asset tokenization on blockchain platforms
source: https://www.binance.com/en/square/post/28529183134377?utm_source=BinanceNewsRSS