RockawayX Seeks $150M for New Fund Targeting Undervalued Crypto Tokens and Related Stocks

AI Market Summary
RockawayX is raising $150M for a Liquidity Opportunities Fund targeting undervalued crypto tokens and crypto-related equities, signaling renewed institutional focus on liquid crypto markets versus the sector's drift toward AI/robotics. As a $2B AUM manager known for an early Solana investment, the fund's mandate may support near-term liquidity and relative-value positioning across listed crypto-linked assets and select tokens.
Impact level
● Medium
Affected assets
SOL/USDT-4.49%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Prague-based digital asset investment firm RockawayX is raising $150 million for a new vehicle dubbed the Liquidity Opportunities Fund, according to Huoxing Finance. The fund will be led and managed by Austin Barack, founder of Relayer and a former partner at CoinFund, and will focus on investing in "undervalued tokens and crypto-related equities." As major crypto venture firms such as Paradigm and Framework Ventures broaden their mandates into areas like AI and robotics, RockawayX is positioning in the opposite direction, steering capital back toward opportunities in the crypto liquidity market. RockawayX is best known for its early bet on Solana and currently oversees about $2 billion in assets under management.