Rockawayx Expands Its Presence in the US Cryptocurrency Market Through Deal with Relayer Capital

cryptonews.ruPublicado a 2026-08-27Actualizado a 2026-08-27

Resumen

Rockawayx, a crypto and blockchain investment firm, is expanding its presence in the U.S. cryptocurrency market by acquiring Relayer Capital, which will be rebranded as the Rockawayx Liquid Opportunities Fund. Relayer's founder, Austin Barak, will join as the fund's Chief Investment Officer. The fund takes long and short positions in liquid crypto tokens and digital asset-related stocks, focusing on assets it deems undervalued. Rockawayx CEO Viktor Fischer sees opportunity as crypto companies develop more traditional financial fundamentals and the market remains inefficient. Relayer's strategy has reportedly delivered an estimated 70% net return year-to-date (as of August 21), significantly outperforming a basket of major cryptocurrencies. Key contributors included positions in AI and tokenized real-world asset projects like Venice AI and Hyperliquid. Barak compares the current valuation landscape to opportunities seen at the end of prior bear markets. This acquisition adds a directional liquid strategy to Rockawayx's existing venture capital and market-neutral businesses. Managing around $2 billion in assets, Rockawayx aims to support crypto companies from early funding through to public market trading. The deal also strengthens the firm's U.S. footprint, with Barak based in the New York area, and reflects a broader institutional shift towards analyzing cryptocurrencies based on their individual fundamentals.

Rockawayx is expanding its business in liquid markets by acquiring Relayer Capital, betting that a more mature cryptocurrency market creates opportunities for fundamental stock and token selection.

Upon completion of the deal, Relayer will become the Rockawayx Liquid Opportunities Fund. The company's founder, Austin Barak, will join Rockawayx as the fund's chief investment officer and continue to oversee its investment strategy.

The fund, open to new external investors, takes long and short positions in liquid crypto tokens and stocks of digital asset-related companies. Its mandate focuses on finding assets that appear undervalued relative to their underlying business, market position, or growth prospects.

Rockawayx CEO Viktor Fischer stated that the company sees broader opportunities as cryptocurrency companies acquire more traditional financial characteristics.

"There are now cryptocurrency companies with real revenue and strong fundamentals that we can support, yet the market remains inefficient and misprices them. These are excellent conditions for active investors," said Fischer.

Relayer Demonstrates High Returns in 2026

According to Rockawayx, Relayer's strategy has generated an estimated net return of approximately 70% this year (as of August 21st).

The company reported that these results outperformed an equal-weighted basket of Bitcoin, Ethereum, and Solana by 86 percentage points.

Major contributions came from positions in Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash. The portfolio is heavily concentrated on two themes: artificial intelligence and the growth of 24/7 markets for tokenized real-world assets.

The strategy can also utilize pair trades and short positions to express views on relative value while reducing exposure to broader cryptocurrency market fluctuations. Barak noted that current valuations are reminiscent of opportunities that arose when the cryptocurrency market emerged from previous downturns.

"The fund is focused on companies demonstrating growth, possessing high value, and leading their segments with sustainable market share," he said. "The current situation opens up opportunities similar to those that arose when exiting previous bear markets in 2020 and 2023."

Rockawayx Expands Its Institutional Platform

With this acquisition, a directional liquidity strategy is added to Rockawayx's venture capital and market-neutral business lines.

The company manages approximately $2 billion in assets and also has divisions dedicated to blockchain infrastructure and on-chain liquidity. Rockawayx stated that these capabilities will help its investment teams identify prospects in blockchain markets while supporting crypto companies at all stages—from early funding to token launches and trading on public markets.

This deal also strengthens Rockawayx's presence in the US, as Barak's company is based in the New York area.

For Rockawayx, this acquisition reflects a shift in how institutional investors approach cryptocurrencies: they now view them less as a bet on a single market and more as a collection of assets that can be analyzed, valued, and traded based on their individual fundamentals.

Preguntas relacionadas

QHow is Rockawayx expanding its business in the US cryptocurrency market, according to the article?

ARockawayx is expanding its presence in the US cryptocurrency market by acquiring Relayer Capital. This deal will turn Relayer into the Rockawayx Liquid Opportunities Fund and allows Rockawayx to establish a stronger presence in the US, as Relayer's founder is based in the New York area.

QWhat will Relayer Capital become after the acquisition is completed, and who will lead it?

AAfter the acquisition, Relayer Capital will become the Rockawayx Liquid Opportunities Fund. Its founder, Austin Barak, will join Rockawayx as the fund's Chief Investment Officer and will continue to lead its investment strategy.

QWhat investment strategy does the newly formed Rockawayx Liquid Opportunities Fund follow?

AThe fund takes long and short positions in liquid crypto tokens and stocks of digital asset-related companies. Its mandate focuses on finding assets that seem undervalued relative to their underlying business, market position, or growth prospects.

QWhat was the reported estimated net return of Relayer's strategy as of August 21, and which assets contributed significantly to this performance?

AAs of August 21, Relayer's strategy reportedly achieved an estimated net return of about 70% for the year. Major contributors to this performance were positions in Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash.

QWhat does the article say this acquisition indicates about the changing approach of institutional investors towards cryptocurrencies?

AThe acquisition reflects a shift in how institutional investors view cryptocurrencies. They are no longer seen just as a bet on a single market, but as a collection of assets that can be analyzed, valued, and traded based on their individual fundamentals.

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