Skybridge Capital, founded by Anthony Scaramucci, is set to revolutionize the investment landscape by tokenizing approximately $300 million worth of hedge fund assets using the Avalanche blockchain platform. This innovative move aims to enhance liquidity and accessibility for investors, allowing them to trade fractionalized interests in hedge funds in a more efficient and secure manner. The adoption of blockchain technology in traditional finance signifies a significant shift toward modernizing investment strategies and expanding opportunities for a broader range of investors.
source: https://www.coindesk.com/business/2025/08/19/scaramucci-s-skybridge-capital-to-tokenize-usd300m-in-hedge-funds-on-avalanche