SkyBridge Capital's Anthony Scaramucci Backs Kinto Ahead of Token Launch

NEW YORK, Feb. 18, 2025 /PRNewswire/ -- 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.

About SkyBridge Capital
SkyBridge Capital is a global alternative investment firm specializing in financial technology, digital assets, venture capital, and multi-manager solutions. The firm, founded by Anthony Scaramucci in 2005, has allocated over half of SkyBridge's assets under management to digital assets, an emerging asset class that is reshaping the future of finance.

About Kinto
Kinto is a modular exchange that provides access to opportunities in DeFi through its tailored blockchain and non-custodial smart wallet. The platform combines institutional-grade security with retail accessibility, built on a custom Layer 2 stack with Chain Abstraction technology. Core features include User-Owned KYC, insured wallets, chain abstracted swaps and lending markets, and a native Hyperliquid integration for advanced trading. Kinto is working to offer users an easy and simple way to move on and off-chain without using CEXs. Founded to bridge traditional and decentralized finance, Kinto has raised $7M from SkyBridge Capital, Parafi, Robot Ventures, and strategic angels.

Media Contact
Prosek Partners, on behalf of SkyBridge Capital
[email protected]

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SOURCE SkyBridge Capital