🚹NEWS IN: “AVALANCHE IS AS VERSATILE AS SWISS ARMY KNIFE”, SAYS SKYBRIDGE CAPITAL FOUNDERđŸ”„đŸ”„đŸ”„

On September 23rd, Anthony Scaramucci, founder of SkyBridge Capital, expressed strong confidence in the Avalanche network during a CNBC interview. He positioned Avalanche alongside established players like Ethereum and Solana as a battle-tested blockchain that has proven its resilience.

Scaramucci articulated a vision for a multi-chain future, where several platforms coexist and thrive. His optimism for Avalanche’s specific role is rooted in its potential for asset tokenization. This belief is not merely theoretical; it is the driving reason why SkyBridge chose to tokenize its massive $3 billion flagship hedge fund on the Avalanche blockchain, which Scaramucci praised for its versatility, comparing it to a “Swiss Army knife.”

This institutional endorsement is gaining momentum. In a related development, the U.S.-listed company AgriFORCE Growing Systems (AGRI) recently raised $550 million to adopt an $AVAX treasury strategy, with Scaramucci joining its Strategic Advisory Board. This move signals growing confidence in Avalanche's value proposition from the traditional corporate sector.

NOT financial advice, DYOR.

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