Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Issuer

Legion Strategies, Ltd.

Cayman Islands exempted company managed by SkyBridge Capital, one of two of its funds placed onchain on Avalanche using the ERC-3643 permissioned token standard; RWA.xyz recorded the tokenised share class at $217.9m.

Kind Issuer
Jurisdiction United States
Stories filed 0

The profile

Cayman Islands exempted company managed by SkyBridge Capital, run as a multi-strategy fund of funds that allocates across affiliated SkyBridge vehicles and external managers, and offered in the United States under Rule 506(b) and section 3(c)(7) with a $50,000 minimum. It is one of two SkyBridge funds, the other being Digital Macro Master Fund, put onchain in an arrangement announced on 19 August 2025 with Tokeny and its parent Apex Group, which placed about $300m of hedge fund interests on Avalanche using the ERC-3643 permissioned token standard. RWA.xyz recorded the tokenised share class at $217.9m on 25 July 2026, among the largest tokenised actively managed strategies, though the token is a represented claim on interests that still subscribe monthly and redeem quarterly, so the onchain wrapper adds transferability among whitelisted holders rather than continuous liquidity.

Products and services

Tokenised fund interests
ERC-3643 permissioned tokens on Avalanche C-Chain representing interests in the fund, administered on Apex Group's platform, with monthly subscription and quarterly redemption.

No development naming Legion Strategies, Ltd. has yet been filed against a primary source. The register entry stands so the institution, its jurisdiction and its products are on the record.

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