RockawayX raised $150 million to establish a liquidity opportunity fund
LockawayX, the encrypted investment agency that manages approximately $2 billion in assets, is raising $150 million for the establishment of a new liquidity opportunity fund. The Fund originates from its acquisition of the Encrypted Hedge Fund Relayer Capital, whose founder, Austin Barack, will continue to be responsible for management, with investments in undervalued tokens and encrypted related shares. According to sources, Relayer received about 70 per cent of the return this year by holding assets such as Hyperliquid, Venice AI, of which Hyperliquid coins increased by 219 per cent this year and Venice AI tokens by 1006 per cent. RockawayX has continued to expand the distribution of investments in encrypted assets in the context of the shift of some encrypted wind projectors to AI, robotics, etc。
