FinanceCrypto investment firm RockawayX is investing $150 million in the belief that yield generation will emerge as a significant application in the cryptocurrency space.
New Initiative Aims to Integrate Real-World Yields into DeFi
By Krisztian Sandor|Edited by Jamie CrawleyUpdated 27 minutes agoPublished 28 minutes ago2 min read
The $2 billion digital asset investment firm RockawayX is launching a program called Catapult, aimed at supporting and developing projects that introduce real-world yield-generating assets into decentralized finance (DeFi).
RockawayX is committing $150 million to this initiative, which will encompass venture funding, liquidity provision, market making, and product structuring for tokenized assets linked to sectors such as trade finance, asset-backed securities, and real estate.
Currently, the market for tokenized real-world assets is valued at approximately $38 billion, with projections suggesting it could expand to between $10 trillion and $20 trillion by 2030. This growth is anticipated as investors seek higher yields that are less influenced by fluctuations in the cryptocurrency markets.
CEO Viktor Fischer expressed his confidence in the potential of this market, stating, "Our thesis going forward is that after trading, yield will be the largest use case onchain." He emphasized the need for new yield sources offering returns of 12% or more that are uncorrelated with crypto assets.
Catapult will specifically target areas including trade and supply chain finance, specialty asset-backed securities, collateralized loan obligations (CLOs), and credit tied to real estate. Fischer noted that the ability to move less-liquid assets onchain allows market makers to create exit strategies, even when investments have long redemption timelines.
The firm is actively seeking professionals from traditional finance who can originate and underwrite these assets, pairing them with crypto-native operators to facilitate structuring and distribution onchain. Fischer concluded, "The hard part of RWAs was never tokenization. It's everything after: who buys the asset, where it trades, and what happens when someone needs to get out."