RockawayX Invests $150 Million to Launch Catapult Program

Digital asset investment firm RockawayX has 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. The firm, which manages approximately $2 billion in assets, stated that Catapult will provide venture capital, product structuring, liquidity, market-making, and distribution support for tokenized credit products. RockawayX expects the market to reach $10 trillion to $20 trillion by 2030, a target that exceeds Citigroup analysts' benchmark forecast of $5.5 trillion. Catapult will focus on areas such as trade and supply chain finance, asset-backed securities, CLOs, and real estate-related credit. CEO Viktor Fischer pointed out that yield will become the largest application scenario on-chain, requiring new sources of yield above 12% that are uncorrelated with the crypto market.

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