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Crypto investment firm RockawayX puts $150M behind push for trade finance, private credit onchain

Crypto investment firm RockawayX puts $150M behind push for trade finance, private credit onchain

The next big opportunity is in assets that offer higher returns and behave differently from crypto markets, CEO Viktor Fischer said in an interview with CoinDesk.

“Our thesis going forward that after trading, yield will be the largest use case onchain” Fischer said. For that, “we need new sources of yield, 12% plus, uncorrelated to crypto,” he added.

Catapult will focus on areas including trade and supply-chain finance, specialty asset-backed securities, CLOs and real-estate-related credit.

Fischer said the appeal of putting less-liquid assets onchain is that market makers can create an exit even when the underlying investment has lengthy redemption periods.

RockawayX is looking for traditional finance professionals who know how to…

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