RockawayX, the digital-asset investment firm overseeing about $2 billion, has acquired hedge fund Relayer Capital and folded its directional long-short strategy into the renamed RockawayX Liquid Opportunities Fund. Founder Austin Barack will continue running the book as chief investment officer. The vehicle targets highly liquid crypto tokens and crypto-related equities that appear mispriced relative to their businesses, market positions, or growth prospects, with themes centered on artificial intelligence and tokenized real-world assets. Forbes, citing people familiar with the matter, reported the firm is seeking about $150 million for the fund, which is now open to external investors. The strategy’s estimated net return for 2026 through Aug. 21 was roughly 70%, outperforming a weighted bitcoin, ether, and solana basket by 86 percentage points, with major contributions from Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash. CEO Viktor Fischer said the deal adds liquid trading alongside RockawayX’s venture and market-neutral businesses, backed by infrastructure and on-chain liquidity capabilities spanning early financing through public markets.