Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case
The $2 billion digital-asset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing trade finance, private credit and other real-world yields into DeFi.
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Summary
- RockawayX is committing $150 million to Catapult, a program designed to bring private credit and other yield-generating real-world assets onchain.
- Catapult will provide funding, product structuring, liquidity, market making and distribution for tokenized products tied to areas including trade finance, asset-backed securities and real estate.
- The firm expects tokenized real-world assets, now worth about $38 billion, to grow to between $10 trillion and $20 trillion by 2030 as investors seek higher yields that are less correlated with crypto markets.
