Scaramucci to tokenize $300M in assets, nearly doubling Avalanche's RWA base

The RWA tokenization market has grown 64.7% in 2025 as asset managers are taken by promises of transparency and better investor accessibility.

Anthony Scaramucci’s SkyBridge Capital, a global investment company known for alternative investments, is bringing assets worth $300 million to tokenize on the Avalanche blockchain — a move that would boost Avalanche's tokenized assets by nearly 160%.

According to a report from Fortune, SkyBridge Capital will tokenize two funds: one exclusively composed of cryptocurrencies like Bitcoin (BTC) and a “fund of funds” that includes both venture and crypto assets. SkyBridge is partnering with Tokeny, a company specializing in tokenizing institutional holdings.

At the Wyoming Blockchain Symposium on Tuesday, Scaramucci said the key question around tokenization is whether it can outperform current systems by enabling faster, cheaper and more secure transactions.

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