AVAX NEWS🔥
SkyBridge Capital by Anthony Scaramucci (a global investment and hedge fund company based in New York) is ready to tokenize 300 million dollars on Avalanche ($AVAX). The company will invest in the creation of tokens that represent shares of managed assets and strategies, leveraging the speed and low costs of the Avalanche blockchain.
This move aims to improve the liquidity of traditional assets and open access to retail and institutional investors through digital instruments. Tokenization allows for fractional ownership, 24/7 transferability, and on-chain traceability, reducing intermediation and settlement times. The adoption of Avalanche could enhance operational efficiency and offer integration with smart contracts to automate functions such as yield distribution.
If the initiative receives regulatory approvals and attracts demand, it could represent a significant step towards the integration between traditional finance and crypto, strengthening the role of $AVAX as infrastructure for tokenized assets. However, compliance and risks related to the market and security remain to be monitored.
