Avalanche Attracts $300M in Hedge Funds as AVAX Price Eyes Recovery

Avalanche is attracting institutional attention after SkyBridge Capital partnered with Tokeny and Apex Group to tokenize two investment funds worth approximately $300 million on the network. The development strengthens Avalanche’s real-world asset (RWA) narrative, particularly as Apex Group services more than $3.5 trillion in assets globally. Meanwhile, the AVAX price is testing weekly demand between $8 and $9.50. Crypto analyst Giannis Andreou believes a series of confirmed breakouts could eventually open a path toward $100. SkyBridge Capital partnered with Tokeny and its parent company, Apex Group, to tokenize two major investment funds worth approximately $300 million on Avalanche.

Source: TronWeekly