[Crypto Venture Firm RockawayX Plans to Raise $150 Million for New Hedge Fund] According to Forbes, crypto venture firm RockawayX, which manages approximately $2 billion in assets, is raising $150 million for a newly established liquidity opportunities fund. The fund will invest in 'undervalued tokens and crypto-related stocks.' RockawayX previously acquired crypto hedge fund Relayer Capital, whose founder, Austin Barack (former CoinFund partner), will remain in his role and lead the fund. While peers such as Paradigm and Framework Ventures are expanding their investment focus to areas like AI and robotics, RockawayX has chosen to double down on digital asset investments as the crypto market shows signs of recovery.