RockawayX Launches $150 Million Catapult Initiative to Bring Real-World Assets On-Chain
Digital asset investment firm RockawayX has announced a $150 million initiative called Catapult, aimed at bringing private credit and other yield-generating real-world assets (RWA) on-chain. The firm, which manages approximately $2 billion in assets, will provide venture capital, product structuring, liquidity, market making, and distribution support for tokenized credit products. RockawayX expects the tokenized RWA market to reach $10 trillion to $20 trillion by 2030, focusing on sectors such as trade finance, asset-backed securities, CLOs, and real estate credit.
Summaries are written by AI from the original article. Not investment advice.