RockawayX Raises $150 Million to Establish a Liquidity Opportunity Fund
2026-08-26 02:34:18
According to CoinMeta, an crypto investment firm that manages assets worth approximately $2 billion, RockawayX is raising $150 million to establish a new liquidity opportunity fund. This fund is derived from its acquisition of the crypto hedge fund Relayer Capital, and the founder of Relayer, Austin Barack, will continue to be in charge of its management. The investment focus includes undervalued tokens and crypto-related stocks. Sources indicate that Relayer achieved a return of about 70% this year by holding assets such as Hyperliquid and Venice AI; among them, the Hyperliquid token rose by 219% and the Venice AI token rose by 1006% this year. RockawayX's move comes amid a backdrop where some crypto venture capital firms are shifting their focus to areas such as AI and robotics, as a continuation of their expansion into crypto asset investments.
Bullish 0
Bearish 0
Source:Forbes
This content is for market information only and does not constitute investment advice.