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RockawayX to invest $150 million in real-world yield DeFi projects
The $2 billion digital-asset investment firm plans to back, build, and provide liquidity to DeFi initiatives focused on real-world yields, aiming to make yield a core use case.
CoinDesk reports that RockawayX, a $2 billion digital-asset investment firm, is launching an initiative to push real-world yields into decentralized finance.
The firm plans to invest $150 million, targeting projects that bring real-world yield concepts into DeFi.
According to CoinDesk, the effort will involve backing and building initiatives, as well as providing liquidity, with the goal of positioning yield as the next major DeFi use case.