According to Forbes on August 25, RockawayX is seeking $150 million for a new liquidity opportunity fund. The fund will focus on liquid coins and encrypted related shares, managed by Austin Barack, alleged founder of Relayer Capital. RockawayX has not publicly announced the acquisition of Relayer, nor has it disclosed the amount of the transaction, the fundraising schedule and the cost structure.

Fund targets for liquid assets

Reports indicate that the new fund is investing in a different direction from the current RockawayX risk investment strategy. The new fund prefers tokens and listed encoded shares that are readily available for sale, without waiting for private projects to be withdrawn or for the currency to be unlocked.

  • The fundraising target is $150 million.
  • Focus on undervalued tokens and encrypted stocks.
  • Participation of United States investors in undisclosed

Relayer's performance raises concerns

Relayer Capital reportedly had a return of about 70 per cent in 2026. According to the source, the performance of the fund is supported by the holding of the relevant premises of Hyperliquid and the decentralised AI platform Venice AI.

However, this return data has not yet been audited. There is currently no publicly available information on the start-up size of the Fund, the specific position, and whether fees have been deducted. According to the report, the increase during the year was 219 per cent for HYPE and 106 per cent for VVV.

RockawayX continues to expand.

RockawayX states that the total size of the investment, liquidity and block chain infrastructure assets currently managed by the company is approximately $2 billion, with business covering venture investments, market-neutral credit strategies, certification infrastructure and chain liquidity.

The firm ' s existing market-neutral funds have accumulated an absolute return of 42.59 per cent since they became operational in April 2022, representing the after-charge calibration. The Fund provides monthly liquidity at a management fee of 1.6 per cent and performance compensation of 15 per cent.

RockawayX also completed a $125 million venture capital fund in the first quarter of 2025, focusing on Solana, DeFi and infrastructure projects. Its past investments include Solana, Wintermute and Morpho Labs.

Encryption Fund Synchronization AI

While the new fund is still centred on digital assets, several encrypted investment agencies are expanding their investments to AI, robotics and other areas of technology. Paradigm and Framework Ventures recently disclosed new funds that included AI.

By contrast, RockawayX, the proposed new fund, which is still mainly focused on the encryption market, has extended its focus to more detailed tracks such as decentralisation AI.