Cryptocurrency investment firm RockawayX, which manages approximately $2 billion in assets under management, has acquired crypto hedge fund Relayer Capital. Relayer will be rebranded as the RockawayX Liquid Opportunities Fund and will focus on identifying undervalued liquid tokens and crypto-related equities. Relayer founder Austin Barack will join RockawayX as chief investment officer of the fund. The company plans to raise $150 million for the vehicle, whose liquid strategy has delivered a net return of roughly 70% year-to-date, outperforming an equal-weighted basket of bitcoin, ether and solana by 86%.
Source: Read the original article
