RockawayX

RockawayX is a vertically integrated blockchain firm that sits at a rare intersection: early-stage venture investor, bare-metal infrastructure operator, and DeFi liquidity provider, all under one roof. Founded in 2018 in Prague as Rockaway Blockchain Fund — a spinout of Czech holding company Rockaway Capital — the firm rebranded to RockawayX in November 2022 to reflect its transformation from a pure venture fund into a multi-line technology operator. Today it manages roughly $2 billion in assets across investments, infrastructure, and on-chain capital, with a 70-person global team and offices in London, Prague, and Dubai.

The Problem RockawayX Was Built to Solve

Most institutional participants in crypto choose a lane: invest in protocols, run infrastructure, or provide liquidity. RockawayX's founding thesis was that the most durable edge comes from doing all three at once. Validators who also hold equity become more aligned with a network's success. Investors who run production infrastructure build conviction before they wire capital. Liquidity providers who are embedded in protocol governance can react faster to systemic risk. By vertically integrating these functions, RockawayX argues it can back ecosystems more effectively than a pure-VC firm writing checks from a distance.

Four Business Lines

Investments — The core venture franchise backs early-stage blockchain projects, often at seed. The firm has backed more than 100 companies across two fund generations. Fund I delivered a 5.4x multiple on invested capital (MOIC) and 2.1x distributions to paid-in capital (DPI). Fund II, which closed in April 2025 at $125 million and was oversubscribed, allocates 50–75 percent of its capital to Solana ecosystem projects — roughly $62 million to $94 million of the total. RockawayX also operates as a fund-of-funds investor, having backed 27 other crypto funds. Portfolio companies span DeFi, gaming, infrastructure, and RWA sectors.

Infrastructure — RockawayX runs bare-metal validator and node operations across 50+ proof-of-stake networks, deliberately avoiding hyperscaler cloud to reduce correlated failure risk. The infrastructure stack includes 8,514 GHz of compute, more than 1,062 TB of storage, and 250+ Gbps of connectivity. The firm holds ISO 27001 certification for information security. On Solana, RockawayX ranks among the top validators by stake; it also operates a top-ranked validator on Ethereum through the Lido liquid staking protocol. The infrastructure team offers custom RPC services tailored for data extraction and transaction placement, with bespoke configuration for protocols that require low-latency on-chain access. Total assets staked exceed $1 billion.

Liquidity — Operating as a solver and intent-based liquidity provider, RockawayX deploys on-chain capital across more than 50 DeFi protocols, with $500 million+ in total value locked. The liquidity arm also runs a market-neutral, fully regulated credit fund that lends to market makers, exchanges, and DeFi protocols. In August 2026, RockawayX acquired Relayer Capital, a hedge fund, and folded it into a renamed Liquid Opportunities Fund.

Vault Curation — A newer line that manages curated yield vaults on third-party protocols including Morpho, Lista DAO, Huma Finance, OnRe, and Tori Finance. The vault curation business surpassed $100 million in TVL in May 2026; a vault created for Tori Finance filled within days of launch. The division publishes detailed case studies and monthly crypto market updates, positioning RockawayX as a research-forward operator rather than a silent capital allocator.

Solana Ecosystem Role

RockawayX's relationship with Solana is one of the longest-running institutional commitments to the network. The firm backed Solana in 2018, when the network was still a whitepaper concept with negligible market capitalization. Solana proved to be Fund I's most significant winner: the network's market cap rose from roughly $86 million in early 2021 to more than $78 billion at peak. That return informed the explicit Solana tilt in Fund II.

Beyond the investment, RockawayX is operationally embedded in the Solana ecosystem. Its validator infrastructure is configured specifically for Solana's high-throughput, low-latency demands, and the team contributes engineering capacity to portfolio projects. Solana-specific investments in the active portfolio include Kamino Finance (DeFi yield optimization), Squads Protocol (multisig and smart account infrastructure), Fragmetric (liquid restaking), Switchboard (oracle network), and DoubleZero (high-performance networking for Solana validators). The firm has also co-invested in more than 15 leading Solana ecosystem projects across its two funds.

Team

Viktor Fischer (Managing Partner and CEO) is a computer science engineer and former McKinsey consultant who purchased his first bitcoin in 2015 and built Rockaway Blockchain Fund from a Czech family office. Samantha Bohbot serves as General Partner and Chief Growth Officer. Austin Barack is Chief Investment Officer; David Shang, who joined in May 2026 from DACM and J.P. Morgan, covers liquid assets and real-money gaming. Marek Sandrik and Ryan Connor serve as Partners focused on investments and research respectively. Tomas Livora leads engineering labs. The firm also runs hacker houses with more than 200 participants, functioning as a talent pipeline and builder community.

Security and Operations

ISO 27001 certification covers the infrastructure division, attesting to formal information security management across the data centers and node operations. Bare-metal infrastructure is geographically distributed across London, Prague, and Dubai to reduce single-point failure risk. The firm does not rely on cloud providers for validator operations, a deliberate design choice aimed at institutional-grade uptime guarantees.

Ecosystem Fit

RockawayX occupies a position on Solana that few firms can claim: seed-stage investor, active validator operator, liquidity provider, and builder of early-stage companies simultaneously. That vertical integration means it participates in Solana's growth at every layer — from the consensus mechanism through protocol-level DeFi to the application companies it funds. The firm's $125M Fund II, with its explicit Solana majority allocation, represents one of the larger institutional commitments to the Solana ecosystem made in 2025, signaling conviction that the network will be a primary venue for the next generation of on-chain applications.