Anthony Scaramucci Calls Avalanche The ‘Swiss Army Knife’ Of Layer-1 Blockchains, Made A ‘Big Bet’ On Ethereum Killer Because Of This Reason
Anthony Scaramucci, strategic advisor of AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), sounded optimistic on Avalanche (CRYPTO: AVAX) on Monday, deeming it as the “Swiss army knife” among Layer-1 networks.
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Scaramucci’s Big Bet On Avalanche
Skybridge Capital founder Anthony Scaramucci, who will serve as the company’s strategic advisor, said that they made a “big bet” on Avalanche due to its tokenization potential.
“Lots of big corporate CTOs are picking up Avalanche as part of their story to tokenize their funds or potentially even tokenize their assets,” he said.
Scaramucci also highlighted the importance of subnets, interoperable networks within Avalanche’s ecosystem that can be tailored to specific use cases.
“I often say that Avalanche is like a Swiss army knife of Layer-1 networks, so it’s got a lot of flexibility,” …
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