SkyBridge Capital, under the leadership of Anthony Scaramucci, is set to tokenize $300 million of its hedge funds on the Avalanche network. The initiative will involve the Digital Macro Master Fund and Legion Strategies, utilizing the ERC-3643 standard through a partnership with tokenization provider Tokeny and Apex Group, which oversees over $3.5 trillion in assets. This move underscores the growing trend of blockchain-based tokenization of real-world assets, aiming to boost transparency and liquidity. The tokenized real-world asset market is experiencing rapid growth, with expectations to reach a trillion-dollar valuation by 2030. Scaramucci highlighted the advantages of merging traditional finance with blockchain technology to develop more efficient investment solutions.