Rockawayx has acquired Relayer Capital, adding a directional long-short strategy to its roughly $2 billion investment platform.

After acquiring Relayer Capital, the early Solana backer is expanding into liquid tokens and crypto stocks even as some of its venture peers look to move toward AI and robotics.

RockawayX, managing roughly $2 billion in crypto assets, targets $150 million for a new hedge fund as the Prague-based firm expands liquid