Overview
- SkyBridge will bring Digital Macro Master Fund Ltd and Legion Strategies Ltd onto the Avalanche blockchain.
- Roughly 10% of the firm’s assets under management, about $300 million, are slated for tokenization.
- The issuance will employ the ERC-3643 standard through Tokeny with operations supported by Apex Group, which recently acquired Tokeny and reports more than $3.5 trillion in assets.
- SkyBridge says moving on-chain is intended to enhance transparency, liquidity and investor access for its hedge fund offerings.
- No rollout date has been disclosed, as Avalanche expands its roster of real‑world assets that already includes BlackRock’s BUIDL and Franklin’s BENJI.