As traditional finance continues its migration on-chain, SkyBridge Capital Founder and Managing Partner, Anthony Scaramucci, is excited about Kinto’s upcoming token launch, scheduled for February 18, 2025. SkyBridge invested $150,000 in Kinto.
“I’m an early investor and supporter of Kinto through SkyBridge,” said Scaramucci. “Kinto’s modular exchange opens up tremendous possibilities for institutional investors to deploy capital on-chain and tokenize products without counterparty risk.”
Kinto brings the feature set of centralized exchanges to decentralized finance. The platform currently serves approximately 75,000 verified users and manages approximately $62 million in total value locked (TVL).
“Kinto has built a functioning product, established a verified user base, and created steady revenue streams. Tokenized finance represents a significant and exciting opportunity,” noted Scaramucci.
Recently, large institutional investors such as Brevan Howard Digital’s Abu Dhabi branch deployed $20 million in assets on Kinto, enabling participation in the on-chain financial ecosystem.
Previous investors include AJ Scaramucci, Founder & Managing Partner, Solari Capital who incubated the company, with participation from Spartan Group, Parafi, Kraynos, Soft Holdings, Deep Ventures, Modular, Tane and Robot Ventures.
