RockawayX Seeks $150M for New Crypto Hedge Fund Targeting Undervalued Assets

RockawayX, which manages $2 billion in assets, is raising $150 million for a new liquidity fund. The fund, managed by former CoinFund partner Austin Barack, will focus on undervalued tokens and crypto-related stocks. This follows a week where BTC, ETH, and SOL all gained over 20%, while firms like Paradigm and Framework Ventures expand into AI and robotics.