SkyBridge Capital founder Anthony Scaramucci backs Kinto

Anthony Scaramucci, founder and managing partner of the Alternative and Investment Management Company Skybridge Capital, supported the Kinto modular exchange platform before its launch of token.

Scaramucci said He is one of the first investors and supporters of Kinto, his company supporting the platform with an investment of $ 150,000.

“Kinto’s modular exchange opens up enormous possibilities for institutional investors to deploy chain capital and tokenize products without risk of compensation,” said Scaramucci.

The native token of the project, $ K, is launched on February 18 via an equitable auction.

Kinto’s modular exchange aims to develop on the decentralized financial market. According to a press release, it offers a platform which is aimed at institutional and detail in the midst of the rapid growth of the tokenization of active world.

As part of its blockchain and its non -guardian intelligent portfolio infrastructure, Kinto uses chain abstraction technology to allow users to easily move assets and out of the channel. Customers can achieve it without the need for centralized exchanges.

Kinto’s user base increased to around 75,000 verified users, while its definition has grown its total value locked at $ 62 million.

“Kinto has built a functional product, established a base of verified users and created stable sources of income. Tokenized finance represents an important and exciting opportunity, ”added Scaramucci.

Meanwhile, the interest in Kinto has attracted the integration of assets of several institutional investors. Like crypto.News highlightedBrevan Howard Digital has deployed $ 20 million in Kinto – a decision that signals the growing demand for chain financial products in the traditional finance sector.

Beyond Skybridge, the other venture capital companies supporting the total increase of $ 7 million in the exchange include Parafi, Spartan Group, Modular and Robot Ventures.