Digital asset investment firm RockawayX is investing $150 million to bring more private credit and other yield-generating assets on-chain. The company is launching the Catapult program, which will provide venture capital, product structuring, liquidity, market making, and distribution for tokenized credit products. Catapult will focus on areas such as trade and supply chain finance, specialty asset-backed securities, CLOs, and real estate-related credit. RockawayX stated that the benefit of placing illiquid assets on-chain is that market makers can create exit opportunities even when the redemption period for the underlying investments is long. RockawayX's business encompasses multiple aspects of the cryptocurrency investment space. The company operates a venture capital fund focused on early-stage investments, a market-neutral fund providing liquidity for DeFi protocols, and a treasury business with a scale of approximately $300 million. Additionally, the company acquired the cryptocurrency hedge fund Relayer in August.