Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, has endorsed the Avalanche blockchain platform, highlighting its potential for enterprise applications. In a CNBC interview on September 22, Scaramucci described Avalanche as the 'Swiss Army knife of first-layer blockchain platforms,' noting its flexibility and the adoption by major institutions like BlackRock and Visa. Scaramucci emphasized Avalanche's subnet feature, which allows organizations to create custom blockchains for tokenized funds and securities, enhancing operational and regulatory efficiency. He also reiterated his Bitcoin price target of $180,000 to $200,000 by late 2025. Avalanche is advancing its institutional strategy, aiming to raise $1 billion through two U.S.-based crypto fund managers, with Hivemind Capital and Dragonfly Capital leading the efforts. AVAX has risen 3.7% in the past 24 hours and 27.5% month-to-date.