BTC $83,816.73 +0.90%
ETH $2,690.98 +1.68%
BNB $761.81 -0.16%
XRP $1.50 +1.33%
SOL $118.89 +0.14%
TRX $0.3347 +0.38%
DOGE $0.0942 +1.35%
ADA $0.2464 +0.48%
BCH $308.73 +0.04%
LINK $14.92 +8.16%
HYPE $87.77 -1.06%
AAVE $155.59 +4.36%
SUI $1.12 -5.85%
XLM $0.2255 +7.95%
ZEC $1,400.96 -9.39%
AAPL $337.49 -0.88%
AMZN $246.05 -1.22%
GOOGL $342.41 +0.28%
MSFT $507.30 -1.67%
META $715.29 -2.08%
NVDA $229.44 +2.69%
TSLA $357.61 -3.18%
SNDK $1,725.66 +0.24%
INTC $115.79 -2.29%
SPCX $146.30 -1.77%
MU $1,065.72 +0.87%
AMD $608.84 -0.66%
BTC $83,816.73 +0.90%
ETH $2,690.98 +1.68%
BNB $761.81 -0.16%
XRP $1.50 +1.33%
SOL $118.89 +0.14%
TRX $0.3347 +0.38%
DOGE $0.0942 +1.35%
ADA $0.2464 +0.48%
BCH $308.73 +0.04%
LINK $14.92 +8.16%
HYPE $87.77 -1.06%
AAVE $155.59 +4.36%
SUI $1.12 -5.85%
XLM $0.2255 +7.95%
ZEC $1,400.96 -9.39%
AAPL $337.49 -0.88%
AMZN $246.05 -1.22%
GOOGL $342.41 +0.28%
MSFT $507.30 -1.67%
META $715.29 -2.08%
NVDA $229.44 +2.69%
TSLA $357.61 -3.18%
SNDK $1,725.66 +0.24%
INTC $115.79 -2.29%
SPCX $146.30 -1.77%
MU $1,065.72 +0.87%
AMD $608.84 -0.66%

apu

All
Article
Flash

first_img RockawayX invested $150 million to launch Catapult, driving real-world revenue on-chain

According to CoinDesk, digital asset investment firm RockawayX announced an investment of $150 million to launch the Catapult program, aimed at bringing more private credit and other yield-generating real-world assets on-chain, betting that lending linked to the real economy will become one of the largest markets in the crypto space.The investment firm, which manages approximately $2 billion, stated that Catapult will provide venture capital, product structuring, liquidity, market making, and distribution support for tokenized credit products. RockawayX currently operates early-stage venture funds, market-neutral funds providing liquidity to DeFi protocols, and a vault business deploying about $300 million, and acquired the crypto hedge fund Relayer in August.According to RWA.xyz data, the scale of tokenized real-world assets such as bonds, stocks, and funds has rapidly grown to approximately $38 billion, but more than half of this is tokenized money market funds. RockawayX expects this market to reach $10 trillion to $20 trillion by 2030, a target higher than the $5.5 trillion benchmark forecast provided by Citigroup analysts. Catapult will focus on areas such as trade and supply chain finance, asset-backed securities, CLOs, and real estate-related credit.RockawayX CEO Viktor Fischer stated that following transactions, yields will become the largest application scenario on-chain, requiring new yield sources of over 12% that are uncorrelated with the crypto market. He pointed out that the appeal of bringing low-liquidity assets on-chain lies in the fact that even if the underlying investments have long redemption periods, market makers can create exit channels.
app_icon
ChainCatcher Building the Web3 world with innovations.