SkyBridge Capital plans to tokenize $300 million in assets on Avalanche, driving a 160% rise in the RWA sector.

Former Goldman Sachs executive and well-known Bitcoin long positions Anthony Scaramucci's SkyBridge Capital announced the tokenization of $300 million in fund assets and migration to the Avalanche Blockchain. This move is expected to increase the on-chain real-world asset (RWA) volume on the Avalanche by 160%. This article delves into its strategic layout, the reasons for choosing Avalanche, and its potential impact on the RWA tokenization space and AVAX price.

SkyBridge Capital's major layout, entering the asset tokenization field

SkyBridge Capital, founded by Anthony Scaramucci, announced plans to tokenize $300 million worth of assets on the Avalanche blockchain. This initiative is expected to significantly increase the total volume of real-world assets (RWA) traded on Avalanche by approximately 160%. Scaramucci has long been a public advocate for Bitcoin. As early as October 2023, when the price of Bitcoin was below $30,000, he predicted that BTC could eventually rise to $700,000.

The tokenization plan covers two major funds, involving various asset classes

According to a report by Fortune magazine, the plan will cover two funds from SkyBridge. One fund directly invests in cryptocurrencies such as Bitcoin (which the U.S. SEC has not classified as securities). The second is a "fund of funds" that includes venture capital equity and other crypto assets. According to documents cited in AUM13F, these two funds together account for approximately 10% of SkyBridge's $2 billion in managed assets. Scaramucci stated at the blockchain seminar in Wyoming on Tuesday that the key issue is whether tokenization technology can surpass the existing financial system. "The answer is yes. History shows that when better technology emerges, society will ultimately adopt it, even in the face of resistance."

Why Choose Avalanche? Speed, Costs, and Institutional Partnerships are Key

SkyBridge will collaborate with Luxembourg-based digital securities expert Tokeny to execute this transformation. Avalanche is a layer 1 Blockchain with a total value locked (TVL) of nearly $1.9 billion, making it a hub for real-world asset (RWA) projects. Data from RWA.xyz shows that the chain currently hosts $188 million in tokenization RWA, ranking 12th in the blockchain. John Wu, the president of Ava Labs, welcomed SkyBridge's actions, stating: "We hope to bring traditional finance on-chain while demonstrating to the world that Blockchain can reduce costs and improve efficiency." The native token of Avalanche, AVAX, was trading at approximately $22.50 at the time of reporting. This blockchain focuses on speed, low fees, and institutional collaboration, making it an attractive platform for companies seeking to digitize traditional assets. Despite the positive news, AVAX still fell over 5% in the previous trading day.

Scaramucci's Gamble: Looking Ahead to the "Real-World Tokenization Era" 2026-2027

After investing $182 million in cryptocurrency in 2020, his company launched the SkyBridge Bitcoin Fund LP. Despite SkyBridge's previous association with the now-bankrupt exchange FTX, Scaramucci remains committed to crypto innovation. He told Fortune magazine that he believes 2026 and 2027 will be the "era of tokenization of real-world assets." For Scaramucci, this $300 million move is not just a tactical adjustment. It places SkyBridge in a race to bring assets (from government bonds to real estate) on-chain, with competitors including traditional institutions and crypto-native entities. He stated, "This is the beginning of a new era."

Conclusion

SkyBridge Capital's large-scale tokenization layout is a significant mark of the integration of traditional finance (TradFi) and blockchain technology. It not only greatly enhances Avalanche's share and influence in the RWA sector but also confirms that the trend of "everything can be tokenized" is accelerating. Although the market has reacted mildly to the AVAX price in the short term, such substantial progress in institutional adoption injects a strong boost for the long-term development of the industry. Scaramucci's vision suggests that 2026-2027 could be a critical period for the RWA explosion, making this an important signal that investors focused on blockchain financial innovation need to pay close attention to.

AVAX2.54%
RWA5.26%
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