{
  "id": 3415337,
  "title": "RockawayX acquires Relayer Capital to expand crypto offerings in US",
  "url": "https://urgent.news/2026/08/26/rockawayx-acquires-relayer-capital-to-expand-crypto-offerings-in-us",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T03:35:32.000Z",
  "source": {
    "name": "The Block",
    "slug": "the-block",
    "url": "https://www.theblock.co/news/business/2026-08-25-rockawayx-relayer-capital-412743"
  },
  "original_language": "en",
  "account": "Cryptocurrency investment firm RockawayX has acquired hedge fund Relayer Capital to bolster its crypto offerings and strengthen its position in the U.S. market. The acquisition, announced on Tuesday, will see Relayer rebranded as the RockawayX Liquid Opportunities Fund, with a focus on identifying undervalued crypto tokens and equities. Relayer founder Austin Barack will take on the role of Chief Investment Officer at RockawayX. The company aims to raise $150 million for the new fund, according to a Forbes report. Relayer's liquid strategy has generated a net return of around 70% year-to-date, surpassing an equal-weighted basket of Bitcoin, Ether, and Solana by 86% as of August 21. The strategy employs long and short positions, including pair trades, to take fundamental stances on crypto assets while minimizing exposure to broader market fluctuations. RockawayX CEO Viktor Fischer believes this is an opportune time for the strategy, citing the emergence of crypto businesses with solid fundamentals and efficient markets that underprice them. This development follows a recent crypto rally, with Bitcoin reaching a historical high of $81,000 in a single week.",
  "summary": "Relayer will become the RockawayX Liquid Opportunities Fund, identifying 'undervalued liquid tokens and crypto-related equities.'",
  "key_points": [
    "RockawayX acquires Relayer Capital for U.S. crypto expansion",
    "Relayer rebrands as RockawayX Liquid Opportunities Fund",
    "$150 million raised for new fund with 70% YTD returns"
  ],
  "editors_take": "RockawayX's acquisition of Relayer Capital strengthens its US market position and expands its crypto offerings, leveraging Relayer's successful liquid strategy and expertise under Chief Investment Officer Austin Barack.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}