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.

The token launch is an important milestone in Kinto's product rollout.