Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case
Reported by CoinDesk · AI-assisted summary by ChikoCorp AI News Desk
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Summary
RockawayX, a $2 billion digital asset investment firm, is committing $150 million to Catapult, a program aimed at bringing private credit and other yield-generating real-world assets onchain. Catapult will support funding, product structuring, liquidity, market making, and distribution for tokenized products in areas such as trade finance, asset-backed securities, and real estate. CEO Viktor Fischer stated the firm expects tokenized real-world assets to grow significantly, betting that yield will become the largest onchain use case after trading.
Why it matters
The source highlights that RockawayX sees a major opportunity in tokenized real-world assets offering higher returns (12% plus) and low correlation to crypto markets. This development could shift some focus in crypto markets from trading to yield generation, potentially expanding the market for tokenized real-world assets dramatically.
Key context
Tokenized real-world assets currently have a market size of about $38 billion, largely dominated by tokenized money-market funds. RockawayX anticipates this market growing to between $10 trillion and $20 trillion by 2030, exceeding other forecasts like Citi’s $5.5 trillion estimate. The firm has experience across crypto venture funds, liquidity provision to DeFi protocols, a vault business, and recently acquired the crypto hedge fund Relayer.
Key numbers and entities
RockawayX is committing $150 million to Catapult. The firm manages around $2 billion in digital assets and operates a vault business with approximately $300 million deployed capital. Tokenized real-world assets are currently worth about $38 billion, with a projected growth to $10–20 trillion by 2030. Viktor Fischer is RockawayX’s CEO.
What remains unclear
The source does not specify detailed timelines for Catapult’s rollout or particular projects to be tokenized initially. It also does not explain how regulatory challenges might be addressed or what specific investors or partners are involved beyond traditional finance and crypto-native operators.