Skybridge Capital has announced a $300 million tokenization of its flagship hedge funds on the Avalanche blockchain network, a collaboration with enterprise-grade tokenization leader Tokeny and Apex Group Ltd. This move represents a significant step forward in modernizing the alternative investment landscape. Skybridge will tokenize its Digital Macro Master Fund Ltd and Legion Strategies Ltd using the proven ERC-3643 standard and Apex Group’s Digital 3.0 platform. The platform offers a single-source solution for the entire investment lifecycle, enabling institutional clients to transition their funds to blockchain-based rails with integrated capabilities for creation, issuance, administration, and distribution. The collaboration with Tokeny, Apex Group, and SkyBridge Capital marks a pivotal moment for institutional adoption and serves as a powerful market signal that tokenization has entered the mainstream. The collaboration brings together next-generation technology, enterprise-grade infrastructure, and institutional credibility, a critical combination for accelerating the adoption of real-world assets (RWAs) across hedge funds, private credit, and multi-strategy vehicles.