RockawayX, the Prague-headquartered digital asset investment firm managing roughly $2 billion in assets, is setting its sights on raising $150 million for a new hedge fund. The move signals a broader pivot for the firm, which built its reputation on venture capital bets, toward liquid strategies designed to attract institutional capital.
The track record backing the bet
RockawayX’s first venture fund, VC I, closed at approximately $120 million to $123 million and delivered a distributed-to-paid-in (DPI) ratio of 2.1x and a multiple on invested capital (MOIC) of 5.4x.
The sequel fund, VC II, closed at $125 million in Q1 2025, slightly exceeding its $120 million target. That fund leans heavily into the Solana ecosystem, with roughly 50% to 75% of its capital allocated to projects building on the network.
The existing Market Neutral Fund has managed over $110 million in assets, with zero defaults and consistent double-digit returns.
