RockawayX commits $150M to yield as crypto's next big use case

RockawayX, the roughly $2 billion digital-asset investment firm, is committing $150 million to back, build and provide liquidity for projects bringing real-world yields into DeFi. The initiative bets that onchain yield will become one of crypto's defining use cases.

No details on specific portfolio companies, target sectors or a rollout timeline were disclosed in the initial announcement.