Scaramucci to Tokenize $300M in Assets
Anthony Scaramucci’s SkyBridge Capital will tokenize $300 million worth of hedge fund assets on the Avalanche blockchain. This is one of the largest tokenization moves by a mainstream hedge fund, aimed at making investments faster, more transparent, and easier to access. In plain words: Wall Street is beginning to put hedge funds on-chain.
For those who want to understand how traditional finance is merging with blockchain, a Crypto certification is a practical way to build skills for this fast-changing market.
What SkyBridge Is Tokenizing
SkyBridge will bring two of its flagship funds on-chain:
- Digital Macro Master Fund – invests in leading cryptocurrencies like Bitcoin and Ethereum
- Legion Strategies Fund – a fund of funds combining venture capital with crypto assets
The $300 million move equals about 10 percent of SkyBridge’s total assets under management.
To achieve this, SkyBridge is working with Tokeny and Apex Group, which will handle compliance and administration. Tokens will follow the ERC-3643 standard and run on the Digital 3.0 platform, ensuring security and regulatory approval.
Why Avalanche Was Chosen
Avalanche is already a leading chain for tokenized assets because of its speed, low costs, and institutional-grade infrastructure. Current real-world assets (RWAs) on Avalanche total about $188 million. With SkyBridge’s $300 million, that figure will nearly triple.
This gives Avalanche a stronger position in the global RWA market, which is expanding at record speed.
Main Benefits of Tokenized Assets
| Benefit | Explanation |
| Speed and Efficiency | Faster settlement and lower fees compared to traditional finance |
| Liquidity | Hedge funds and other assets become easier to trade or transfer |
| Transparency | Blockchain records improve compliance and auditing |
| Investor Access | Opens up complex or illiquid investments to a wider investor base |
Why This Matters
The global tokenization market grew 65 percent in 2025, rising from $15.8 billion to $26.4 billion in just months. Most projects so far involved private credit or real estate. By tokenizing hedge funds, SkyBridge adds a new layer to this trend.
Tokenization makes hedge funds easier to manage and more attractive to new investors. It also signals to other large firms that blockchain is not just an experiment—it is a working tool for serious finance.
Effects of SkyBridge Tokenization
| Area | Effect |
| Institutional Adoption | Mainstream hedge funds embrace tokenization at scale |
| RWA Expansion | Hedge funds join property, credit, and bonds on-chain |
| Regulatory Focus | Success may accelerate clearer blockchain rules |
| Asset Liquidity | Traditional illiquid vehicles gain faster transferability |
| Investor Reach | Accredited investors gain easier access to complex portfolios |
Scaramucci’s Position
At the Wyoming Blockchain Symposium, Scaramucci said technology always wins when it works better. He sees tokenization as a faster, safer, and cheaper way to run hedge funds.
SkyBridge’s move is not just about efficiency. It is about showing that a respected hedge fund can adapt to blockchain in a credible, regulated way. This sets an example for others to follow.
Partnerships That Make It Work
Tokeny and Apex Group provide the legal and operational backbone. Their systems allow funds to comply with investor requirements while still being flexible on blockchain. By using open standards like ERC-3643, SkyBridge ensures its tokens will be interoperable with future blockchain platforms.
Global Shifts from Asset Tokenization
| Shift | Implication |
| Market Growth | RWA market expands with new categories of assets |
| Institutional Entry | More firms likely to follow SkyBridge into tokenization |
| Technology Standards | ERC-3643 and similar frameworks gain wider adoption |
| Competition | Hedge funds, banks, and startups race to launch tokenized products |
| Investor Benefits | Greater choice, transparency, and efficiency in asset management |
Why This Matters to You
For professionals in finance and crypto, SkyBridge’s decision shows where the industry is heading. Tokenization is becoming a real business strategy, not a theoretical idea.
For data professionals, modelling token flows and adoption trends is becoming a new skill in demand. A Data Science Certification can help you build that capability.
For executives and entrepreneurs, tokenization opens new ways to design investment products and strategies. A Marketing and Business Certification equips you to lead in this changing landscape.
Conclusion
SkyBridge Capital’s $300 million tokenization project on Avalanche is one of the biggest institutional blockchain moves to date. It shows hedge funds can run on-chain in a regulated, efficient way.
By embracing tokenization, SkyBridge is setting the tone for how traditional finance and blockchain will merge. As more firms follow, tokenized hedge funds could become as common as ETFs in the years ahead.